A loss function in AI, also known as a cost function, is a function that measures the difference between the predicted output of a machine learning model and the actual output. The goal of training a machine learning model is to find the model parameters that minimize the loss function.
A loss function works by taking the predictions of a machine learning model and the actual outputs, and calculating a single number that represents the difference between them. This difference is then used to update the model's parameters, with the goal of reducing the loss.
The specific form of the loss function depends on the task. For example, in regression tasks, a common loss function is the mean squared error, which measures the average of the squares of the differences between the predicted and actual outputs. In classification tasks, a common loss function is the cross-entropy loss, which measures the dissimilarity between the predicted and actual class probabilities.
Choosing an appropriate loss function is crucial for the performance of a machine learning model. The loss function must accurately represent the task and the data. If the loss function is not well-suited to the task, the model may not learn effectively. Furthermore, some loss functions can be more difficult to optimize than others, and may require careful selection of the optimization algorithm and hyperparameters.