What Is Reinforcement Learning?
Reinforcement learning (RL) is a type of machine learning where an agent learns to make decisions by interacting with an environment and receiving rewards or penalties based on its actions. Unlike supervised learning (which needs labeled examples), RL discovers optimal strategies through exploration. RLHF (Reinforcement Learning from Human Feedback) is the technique used to align LLMs with human preferences.
Where Is Reinforcement Learning Used in Business?
RL powers dynamic pricing optimization, supply chain routing, recommendation systems, ad bidding strategies, and robotic process control. It's particularly valuable for problems where the optimal strategy isn't obvious and must be discovered through experimentation.