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Privacy vs Progress: The Controversial Debate Over AI’s Use of Personal Data

Fintelics
5 min readMar 14, 2023

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Privacy vs Progress: The Controversial Debate Over AI’s Use of Personal Data

Artificial intelligence (AI) has revolutionized various industries by enhancing efficiency and accuracy. AI models can analyze vast amounts of data and make informed decisions based on patterns, making them ideal for use in fields such as healthcare, finance, and marketing. However, AI’s increasing reliance on personal data has raised concerns about privacy violations and ethical implications.

The debate over AI and privacy has gained prominence in recent years as more companies leverage AI to collect, process, and analyze personal data. Personal data refers to any information that can identify an individual, including their name, address, phone number, email address, social security number, and financial information. With the proliferation of internet-connected devices, the amount of personal data generated has grown exponentially, providing a goldmine for companies seeking to build AI models.

On the one hand, AI models can improve people’s lives in various ways, such as personalizing healthcare treatment, predicting financial market trends, and recommending products based on customers’ preferences. However, on the other hand, the…

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Fintelics
Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech

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