8min chapter

Knowledge at Wharton cover image

AI and Innovation

Knowledge at Wharton

CHAPTER

Harnessing Synthetic Data with Generative AI

This chapter explores the use of synthetic data and generative AI in organizations, advocating for smaller, specialized models to improve efficiency in tasks like natural language classification. It discusses the comparison of AI and human expertise in data analysis, emphasizing the benefits of synthetic experts across various fields and the ethical considerations of these technologies.

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