Regularization and dropouts are techniques that can help reduce overfitting in deep learning models. Overfitting occurs when the model learns too much from the training data and fails to generalize well to new data. Regularization adds a penalty term to the loss function that penalizes the model for having large or complex weights. This prevents the model from memorizing the noise or irrelevant features in the training data. L1 and L2 are two types of regularization that differ in how they calculate the penalty term. L1 regularization uses the absolute value of the weights, while L2 regularization uses the square of the weights. Dropouts are another technique that randomly drops out some units or neurons from the network during training. This creates a thinner network that is less prone to overfitting. Dropouts also act as a form of ensemble learning, where multiple sub-models are combined to produce a better prediction. By applying regularization and dropouts to the training, the web-based company can improve the generalization and accuracy of its deep learning model on the test and validation data. References:

Regularization: A video that explains the concept and benefits of regularization in deep learning.

Dropout: A video that demonstrates how dropout works and why it helps reduce overfitting.