What are some examples of AI profiling in business?
AI profiling in business includes customer segmentation, fraud detection, and personalized marketing.
Can you explain how customer segmentation works?
Sure! Customer segmentation uses AI to analyze data and group customers based on behaviors and preferences.
What about fraud detection? How does AI help with that?
AI analyzes transaction patterns to identify anomalies, helping businesses detect and prevent fraud in real-time.
Are there any risks associated with AI profiling?
Yes, risks include privacy concerns, data bias, and potential misuse of personal information.
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