Category: ai-technology | data-analysis
By Amos Donaldson
By Amos Donaldson
datahawk.co
- Advantages:
- Enhanced data analysis capabilities.
- Improved decision-making through predictive insights.
- Automation of repetitive tasks, freeing up human resources.
- 24/7 operational efficiency without fatigue.
- Ability to process large volumes of data quickly.
- Disadvantages:
- High initial setup and maintenance costs.
- Potential for bias in algorithms if training data is flawed.
- Risk of job displacement in certain sectors.
- Data privacy and security concerns.
- Dependence on technology may lead to vulnerabilities.
