Category: ai-technology | data-analysis
By Amias McFarland

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  • Advantages:

    • Increased efficiency in market analysis.

    • Ability to process vast amounts of data quickly.

    • Consistent and unbiased results.

    • Real-time monitoring of market trends and changes.

    • Improved decision-making through data-driven insights.



  • Disadvantages:

    • High initial setup cost and maintenance.

    • Dependence on data quality and accuracy.

    • Potential for job displacement in market research roles.

    • Limited ability to understand complex human emotions and market sentiments.

    • Risk of over-reliance on automated systems without human oversight.



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