Category: ai-technology | interview-preparation
By Mariah Davidson
![]()
By Mariah Davidson
Catalyst
- Advantage: Enhances innovation by providing insights and accelerating the development of new ideas.
- Advantage: Improves decision-making through data analysis and predictive analytics.
- Advantage: Increases efficiency by automating routine tasks and processes.
- Advantage: Facilitates collaboration by connecting teams and sharing information seamlessly.
- Advantage: Supports personalization in services and products, improving user experience.
- Disadvantage: High initial investment costs, which can be a barrier for small businesses.
- Disadvantage: Potential for job displacement due to automation of tasks.
- Disadvantage: Data privacy concerns related to the collection and use of personal information.
- Disadvantage: Dependence on technology, which could lead to vulnerabilities if systems fail.
- Disadvantage: Risk of bias in AI algorithms, which can lead to unfair outcomes.
