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Synthetic data is the new AI gold rush, but critics call it ‘data laundering’

Chris Stokel-Walker
1 min read
via fastcompany.com

AI Summary

The emergence of synthetic data has sparked a new gold rush in the AI industry, with AI giants investing heavily in this technology. This trend is driven by the scarcity of real human-made content, which is essential for training AI models. As a result, AI builders and developers are turning to synthetic data as a viable alternative.

The use of synthetic data has significant implications for AI development, particularly in the areas of AI tools, AI tutorials, and AI applications. For instance, synthetic data can be used to generate high-quality training data for AI models, which can improve their accuracy and performance. Additionally, synthetic data can help address concerns around data privacy and copyright, making it an attractive option for AI creators and marketers.

However, critics argue that synthetic data is essentially 'data laundering,' allowing companies to circumvent copyright laws and exploit creators' work without permission. This raises important questions about the ethics and legality of synthetic data, and highlights the need for clear guidelines and regulations in this area.

For AI builders, creators, and marketers, the rise of synthetic data presents both opportunities and challenges. On the one hand, synthetic data can provide a cost-effective and efficient way to generate high-quality training data, which can drive innovation and growth in the AI industry. On the other hand, it requires careful consideration of the ethical and legal implications, as well as the potential risks and consequences. As the AI industry continues to evolve, it is essential to stay up-to-date with the latest developments and trends in synthetic data, AI development, and AI marketing.

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