Category: ai-technology | business
By Ellison Hansen
By Ellison Hansen
Blur On
- Advantages:
- Improves efficiency by automating repetitive tasks.
- Enhances decision making through data analysis and predictive analytics.
- Personalizes user experiences in various applications.
- Increases productivity in various industries, including healthcare and finance.
- 24/7 availability without fatigue, improving service continuity.
- Disadvantages:
- Potential job displacement as machines replace human roles.
- High initial investment and maintenance costs for implementation.
- Dependence on data quality, which can lead to biased outcomes.
- Lack of transparency in decision-making processes (black box effect).
- Ethical concerns regarding privacy and surveillance.
