The promise and perils of synthetic data | TechCrunch
![Image for article The promise and perils of synthetic data | TechCrunch](https://techcrunch.com/wp-content/uploads/2021/01/Hiretual-Techcrunch_article_2_image_2.jpeg?resize=1200,600)
News Source : TechCrunch
News Summary
- Synthetic data can be used to train AI models without the need for human annotations
- The market for annotated data is estimated to be worth $10
- 34 billion in the next 10 years
- More than 35% of the world's top 1,000 websites now block OpenAI’s web scraper
Is it possible for an AI to be trained just on data generated by another AI? It might sound like a harebrained idea. But its one thats been around for quite some time and as new, real data is incre [+9744 chars]