Automated Learning and Discovery State-of-the-Art and Research Topics in a Rapidly Growing Field

Sebastian Thrun, Christos Faloutsos, T. M. Mitchell, Larry Wasserman · 1999

Part 1: Main Summary 3 1 Introduction The field of automated learning and discovery--often called data mining, machine learning, oradvanced data analysis--is currently undergoing a revolution. The progressing computerization of professional and private life, paired with a sharp increase in memory, processing and networkingcapabilities of today's computers, make it now more than ever possible to gather and analyze vast amounts of data. For the first time ever, the people all around the world are connected to each otherelectronically through the Internet, making available huge amounts of online data at a astonishingly increasing pace. Sparked by these innovations, we are currently witnessing a rapid growth of a new industry,called the data mining industry. Companies and governments have begun to realize the power of

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