Category: ai-technology | data-extraction
By Blair Waller
By Blair Waller
iDox.ai
- Advantages of AI:
- Increased efficiency and productivity.
- Ability to process and analyze vast amounts of data quickly.
- Reduction of human error in repetitive tasks.
- 24/7 availability without fatigue.
- Enhancement of decision-making through data-driven insights.
- Disadvantages of AI:
- High initial costs for implementation and maintenance.
- Potential job displacement and unemployment issues.
- Risk of bias in AI algorithms and decision-making.
- Dependence on technology can lead to vulnerability.
- Ethical concerns regarding privacy and data security.
