Part 3/5:
The traditional approach to software development, known as Software 1.0, involved programmers coding algorithms and functions to run on a computer. However, this model has been disrupted by the emergence of Software 2.0, which is based on machine learning. Instead of coding, the computer now learns from massive amounts of observed data to create a universal function approximator. This shift has led to the development of artificial intelligence, where neural networks running on GPUs can make predictions on new, unobserved input.