What are the risks of using AI in analytics?
The main risks include data privacy issues, algorithmic bias, and over-reliance on automated insights.
Can you explain how algorithmic bias occurs?
Algorithmic bias occurs when the data used to train AI models reflects existing prejudices, leading to skewed results.
What can organizations do to mitigate these risks?
Organizations can implement regular audits, diversify training data, and ensure transparency in AI decision-making.
Are there any legal implications of AI in analytics?
Yes, there are legal implications, including compliance with data protection laws and accountability for AI-driven decisions.
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