Category: ai-technology | data-analysis
By Karina Hickman
By Karina Hickman
Latitude
- Advantages:
- Increased efficiency and productivity in various tasks.
- Ability to process and analyze large sets of data quickly.
- Automation of repetitive tasks leads to time saving.
- Enhanced decision-making through predictive analytics.
- 24/7 availability, reducing downtime and increasing service reach.
- Disadvantages:
- Job displacement and loss of employment opportunities.
- High costs associated with development and implementation.
- Potential for biased decision-making based on flawed data.
- Security and privacy concerns regarding data usage and storage.
- Dependence on technology may reduce human skill sets.
