What are some real-world applications of evolutionary algorithms?
Evolutionary algorithms are used in various fields like optimization, machine learning, and robotics. For instance, they help in optimizing complex systems in engineering and finance.
Can you give me a specific example in engineering?
Sure! In engineering, evolutionary algorithms are often used for structural optimization, such as designing lightweight yet strong components in aerospace.
What about in finance?
In finance, they can optimize trading strategies by evolving algorithms that adapt to market changes, improving investment returns.
Are there any applications in healthcare?
Yes, in healthcare, evolutionary algorithms are used for optimizing treatment plans and in drug discovery to identify effective compounds.
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