What are the real-world implications of imbalanced data in AI?
Imbalanced data can lead to biased AI models, affecting decision-making in critical areas like healthcare and finance.
Can you give an example of how this bias might manifest?
Sure! In healthcare, an imbalanced dataset might result in an AI that underdiagnoses a rare disease, impacting patient outcomes.
What steps can be taken to mitigate these issues?
Techniques like resampling, using synthetic data, or employing algorithms designed to handle imbalanced datasets can help.
Are there any industries particularly affected by this?
Yes, industries like finance, healthcare, and criminal justice are particularly vulnerable to the effects of imbalanced data.
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