What are some real-world applications of genetic algorithms?
Genetic algorithms are used in various fields like optimization, machine learning, and bioinformatics. For example, they help in optimizing complex engineering designs.
Can you give me a specific example in engineering?
Sure! In aerospace engineering, genetic algorithms are used to optimize the design of aircraft wings for better performance and fuel efficiency.
What about in finance?
In finance, genetic algorithms can optimize trading strategies by evolving and selecting the best-performing algorithms based on historical data.
Are there any applications in healthcare?
Yes, in healthcare, genetic algorithms are used for optimizing treatment plans and in drug discovery to identify potential compounds.
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