Abstract
Reinforcement learning, often known as RL, has developed as a strong paradigm to teach autonomous software agents to make choices in contexts that are both complicated and dynamic. This abstract investigates recent developments and uses of RL in a variety of fields, showing both its transformational potential and the constraints that it faces at present. Recent developments in reinforcement learning (RL) algorithms, in particular deep reinforcement learning (DRL), have made it possible to make major advancements in autonomous decision- making tasks. DRL algorithms can learn complicated representations of state-action spaces by using deep neural networks. This allows for more efficient exploration and exploitation methods to be implemented. Additionally, advancements in algorithmic enhancements, such as prioritized experience replay and distributional reinforcement learning, have improved the stability and sample efficiency of reinforcement learning algorithms, which has made it possible for these algorithms to be used in real-world applications. Robotics, autonomous cars, game playing, finance, and healthcare are just a few of the many fields that may benefit from the use of RL. In the field of robotics, reinforcement learning (RL) makes it possible for autonomous agents to learn how to navigate, manipulate, and move about in environments that are both complicated and unstructured. To improve both safety and efficiency on the road, autonomous cars make use of reinforcement learning (RL) to make decisions in dynamic traffic situations. In finance, RL algorithms are used for portfolio optimization, algorithmic trading, and risk management. These applications serve to improve investment techniques and decision-making procedures. Furthermore, in the field of healthcare, RL supports individualized treatment planning, clinical decision support, and medical image analysis, which enables physicians to provide patients with care that is specifically suited to their needs. Despite the promising improvements and applications, RL is still confronted with several difficulties that restrict its capacity to be widely adopted and scaled. Among these problems are the inefficiency of the sample, the trade-offs between exploration and exploitation, concerns about safety and dependability, and the need for explainability and interpretability in decision-making processes. To effectively address these difficulties, it is necessary to engage in collaborative efforts across several disciplines, conduct research on algorithmic developments, and establish extensive assessment frameworks (Anon, 2022).
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More From: International Journal of Innovative Science and Research Technology (IJISRT)
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