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Definition

Automated machine learning

Automated machine learning, or AutoML, is software that does much of the expert work of building a prediction model. You give it your past data, tell it what to predict, and it tries many approaches and picks the one that works best. A salon could use it to predict which bookings are likely to be no-shows, based on past visits. An online store could forecast how much stock to order before a sale. For small teams, the limit is usually data, not software. AutoML needs a good amount of clean history to learn from, often more than a young business has. Today, many small business predictions are better served by a simple report and the owner's own judgement.

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