Consider a real-time dashboard application. How does AngularJS's two-way data binding facilitate dynamic data updates in such scenarios?

AngularJS's two-way data binding facilitates dynamic data updates in real-time dashboard applications by automatically synchronizing the data between the model and the view. Any changes in the model are instantly reflected in the view, and vice versa. This automatic synchronization simplifies the code and enhances the responsiveness of the dashboard, ensuring that users always see the latest data without manual intervention.