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The Role Of Synthetic Data In Building Better AI Applications

AI Engineering Podcast

CHAPTER

Harnessing Synthetic Data for AI Innovation

This chapter explores the transformative applications of synthetic data in sectors like healthcare and finance, particularly its role in enhancing decision-making while preserving privacy. It examines the challenges associated with data acquisition and the importance of governance in navigating compliance issues within regulated industries. Additionally, the discussion emphasizes the need for standardized policies on data privacy and ethics to ensure responsible use in AI systems.

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