Category: ai-technology | business
By Genesis Mays
By Genesis Mays
Waakif
- Advantages:
- Increased efficiency in processing and analyzing data.
- Ability to perform repetitive tasks without fatigue.
- Enhanced decision-making through data-driven insights.
- 24/7 availability and scalability.
- Improved accuracy and reduction of human errors.
- Disadvantages:
- Potential job displacement for certain roles.
- High initial investment and maintenance costs.
- Dependence on quality of data for effective functioning.
- Ethical concerns regarding privacy and decision-making transparency.
- Risk of biased outcomes if trained on biased data sets.
