There are many benefits
Dimension reduction can make the data easier to understand and explain, and can also prevent the model from over-fitting, and improve the calculation speed and storage efficiency. It is simply our right-hand man for data analysis and modeling!
Various practical methods
Principal component analysis, factor analysis and linear discriminant analysis are all practical dimensionality reduction methods. Principal component analysis can turn high-dimensional data into low-dimensional data, while retaining the most important information, which is the "Swiss army knife" of data.
Pay attention to information loss
Dimension reduction may also lead to some information loss. In operation, we must balance the relationship between retaining effective information and maintaining the accuracy of the model.