Category: ai-technology | research
By Gregory Ayala
By Gregory Ayala
Three Sigma
- Advantages:
- Increased efficiency in processes and operations.
- Ability to analyze large datasets quickly and accurately.
- Improved decision-making through data-driven insights.
- Automation of repetitive tasks, freeing up human resources.
- Enhanced customer experiences through personalization and recommendation engines.
- Disadvantages:
- High initial implementation and maintenance costs.
- Potential job displacement for low-skilled workers.
- Dependency on data quality and availability.
- Difficulty in interpreting AI decision-making processes (black box issue).
- Ethical concerns related to privacy and bias.
