Data Mining: A Tool for Business Insight Or A Threat to Individual Privacy
In today's computer-driven world, data mining—the process of drawing conclusions and patterns from endless datasets—is an essential tool. It makes it possible for companies, scholars, and groups to find important information that can spur creativity and decision-making. But there are important ethical, privacy, and security issues with data mining that need to be addressed. Data mining has enormous potential to advance society. It can be applied to the detection of fraud, the enhancement of consumer experiences, the improvement of healthcare outcomes, and the optimization of business operations. Large data sets can be analyzed to reveal patterns and trends that mig...
