Category: ai-technology | business
By Hakeem Gomez
By Hakeem Gomez
Raw Query
- Advantages:
- Increased efficiency and speed in data processing.
- Ability to handle large volumes of data and complex queries.
- Consistency and accuracy in results, reducing human error.
- Automation of repetitive tasks, saving time and resources.
- Availability of insights and patterns through advanced analytics.
- Disadvantages:
- Dependence on quality data; poor data can lead to inaccurate results.
- Lack of transparency in decision-making processes (black-box nature).
- High initial setup and maintenance costs for AI systems.
- Potential job displacement in roles previously occupied by humans.
- Ethical concerns related to bias and misuse of data.
