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Synthetic Data: What It Is and How It Is Useful?

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Synthetic Data: What It Is and How It Is Useful?

Yana Khare — Published On May 6, 2023
Synthetic Data | AI | Machine Learning Algorithms | Privacy concerns

Artificial intelligence is a rapidly growing field. Concerns about the data used to train these systems are developing with the increased usage of AI and machine learning in various industries. Personal information is a significant portion of the information AI systems need to learn. This raises concerns regarding privacy and the potential for utilizing this system to discriminate against individuals when making decisions about employment, loans, housing, etc. Synthetic data is a solution that researchers have developed to address this issue. Artificially produced data, called synthetic data, imitates actual data’s statistical characteristics.

Also Read: What is Machine Learning? A Friendly Introduction for Aspiring Data Scientists and Managers

It can be made by simulating data using algorithms or computer programs based on particular assumptions and settings. The purpose of synthetic data is to create a large and diverse dataset that can be used for various purposes, such as testing machine learning models or conducting research studies without compromising the privacy or security of real individuals or organizations.

In this article, we will explore what synthetic data is and how it is functional.

Privacy Preservation

Protecting privacy is one of the driving reasons behind synthetic data research. Concerns about the data used to train these systems are developing due to how much AI and machine learning have progressed. These algorithms need a lot of data to learn, which is personal information. The system might reveal personal information or discriminate against individuals when hiring, lending, and housing.

Protecting privacy is one of the driving reasons behind synthetic data research.

Users can build other versions of data using synthetic data that don’t include any personal information about real people or organizations, guaranteeing that their data is secure and discreet. Therefore, synthetic data offers a safe way to conduct research and algorithm development without endangering user privacy.

Also Read: Europe’s Data Protection Board Forms ChatGPT Privacy Task Force

Overcoming Cost and Availability Issues

Making and keeping up any dataset beyond privacy concerns can be expensive. It’s possible that there aren’t enough real-world data accessible in some situations, such as when utilizing imaging to attempt to identify a rare medical illness.

According to its proponents, synthetic data may circumvent these issues by filling in the gaps in data sets more quickly and affordably than acquiring missing information from the actual world if feasible. Researchers now have a practical means of getting around problems with data accessibility and availability.

Creating Better Data

“I want to move away from just privacy,” says Mihaela van der Schaar, a machine-learning researcher and director of the UK Cambridge Centre for AI in Medicine. “I hope that synthetic data could help us create better data.”

In addition to protecting privacy, synthetic data has become a potent tool for improving data. Users of synthetic data can create their data models and utilize them to produce different iterations of the data. Because they have control over the process, they can ensure that the data generated suits their needs and objectives. Synthetic data allows researchers to produce more new, varied, and representative datasets.

Learn More: What is Data Science? A Complete Guide

How Is Synthetic Data Created?

There are several approaches to data synthesis, but they all draw on the same idea. A computer analyzes an actual data set using a machine-learning algorithm or a neural network to learn about the statistical correlations. The process then generates a new data set with distinct data points from the original but with the same associations.

How Is Synthetic Data Created? | GPT-3 is based on this enormous language model.

For instance, the Generative Pre-trained Transformer (GPT-3) language creation engine studied billions of samples of human-written text. It also assessed the relationships between the words and created a model of how they fit together. GPT-3 is based on this enormous language model. When given a command like “Write me an ode to ducks,” GPT-3 uses its knowledge of odes and ducks to generate a string of words. Each word’s choice is influenced by the statistical likelihood that it will come after the one before.

Our Say

Synthetic data offer a possible alternative for researchers that need extensive, diversified datasets. But it cannot obtain real-world data owing to cost, privacy concerns, or accessibility challenges. Users can generate other versions of data with synthetic data that don’t include any personal information about real people or organizations, guaranteeing that their data is secure and discreet. Researchers can also model their data using synthetic data and then create different iterations of the data using those models. This gives them control over the generated data’s output. It also ensures that it is customized for their use and objectives. This opens the door for more precise and exciting AI algorithms and applications. Thus, providing considerable promise for researchers in various domains.

Learn More: Commonly used Machine Learning Algorithms (with Python and R Codes)

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