What are some real-world applications of genetic algorithms?
Genetic algorithms are used in optimization problems, machine learning, and even in game development. For example, they can optimize routes for delivery services or evolve strategies in video games.
Can you give me an example of how they are used in optimization?
Sure! In logistics, genetic algorithms can optimize delivery routes by simulating various routes and selecting the most efficient one based on distance and time.
What industries benefit the most from genetic algorithms?
Industries like finance, healthcare, and manufacturing benefit significantly. For instance, in finance, they can optimize trading strategies.
Are there any limitations to using genetic algorithms?
Yes, genetic algorithms can be computationally expensive and may converge to local optima rather than the global optimum.
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