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The Promise and Perils of Synthetic Data in AI Development
AI depends on vast amounts of data, but sourcing high-quality, annotated datasets is becoming increasingly challenging. Synthetic data — generated by AI to simulate real-world data — is emerging as a potential solution, offering scalability and cost savings. While companies like Anthropic, Meta, and OpenAI are incorporating synthetic data into model training, this approach comes with risks and limitations.
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- 4 min read
- December 24, 2024
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