Category: ai-technology | business
By Lauryn Burnett

Negotyum


  • Advantages:

    • Increased efficiency in negotiations through rapid data analysis.

    • Reduction in human bias, leading to more equitable outcomes.

    • Availability 24/7, allowing for negotiations to happen at any time.

    • Ability to analyze vast amounts of information quickly to find optimal solutions.

    • Consistency in decision-making, as AI can follow predefined strategies without fatigue.



  • Disadvantages:

    • Lack of emotional intelligence, which can hinder relationship building.

    • Potential reliance on flawed algorithms, leading to poor negotiation outcomes.

    • Risk of data privacy issues, as sensitive information may be required.

    • Difficulty in understanding complex human contexts or nuances.

    • Possibility of job displacement in negotiation roles as AI systems become more capable.



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