Category: ai-technology | finance
By Garrett Solomon
By Garrett Solomon
Deal Protectors
- Advantages:
- Enhances negotiation outcomes by analyzing large volumes of data.
- Improves decision-making with predictive analytics.
- Increases efficiency by automating routine tasks.
- Reduces human error in contract management.
- Provides real-time insights for better risk management.
- Disadvantages:
- Potential for algorithmic bias affecting fairness.
- High implementation and maintenance costs.
- Dependence on data quality can lead to subpar outcomes.
- Resistance from stakeholders due to job displacement fears.
- Lack of transparency in AI decision-making processes.
