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A Beginner’s Guide to Reinforcement Learning

  • Reinforcement Learning (RL) is a branch of machine learning where an agent learns to make decisions by interacting with an environment.
  • RL-powered agents learn to play video games, control self-driving cars, and even optimize financial portfolios.
  • RL has deep roots in behavioral psychology, artificial intelligence, and control theory.
  • RL is built upon a set of fundamental concepts that define how an agent interacts with its environment to learn optimal decision-making strategies.
  • The fundamental assumption in RL is that any goal can be formulated as maximizing the cumulative reward over time.
  • One of the biggest challenges in RL is deciding between exploitation and exploration.
  • RL revolves around decision-making in an uncertain environment. To understand how an RL agent learns, we need to explore three fundamental concepts: state, action, and policy.
  • A reward is the feedback signal that tells an agent how good or bad an action was in a given state.
  • There are various types of RL agents including value-based agents, policy-based agents, actor-critic agents, model-free agents, and model-based agents.
  • RL has numerous real-world applications in different domains including gaming, robotics, self-driving cars, healthcare, finance, energy management, e-commerce and conversational AI.

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