AI Engineering Podcast

The Role Of Synthetic Data In Building Better AI Applications

Feb 16, 2025
Ali Golshan, Co-founder and CEO of Gretel.ai, dives into the fascinating world of synthetic data and its pivotal role in advancing AI applications. He discusses how synthetic data can enhance privacy while improving the quality and structural stability of datasets. The conversation highlights the shift from traditional data methods to the use of language models and the challenges of scaling synthetic data in production. Ali also explores its transformative applications in sectors like healthcare and finance, underscoring the importance of governance and ethical considerations.
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INSIGHT

Synthetic Data for AI

  • Synthetic data is purpose-built for AI, focusing on quality, privacy, and structural stability.
  • It addresses bottlenecks of using sensitive data or lacking specific data for model training.
INSIGHT

LLMs Revolutionize Synthetic Data

  • Pre-LLM synthetic data generation used GANs and statistical models, focusing on data shape and distribution.
  • LLMs understand deep structural stability, enabling what-if scenarios and augmenting real data.
INSIGHT

Purpose of Synthetic Data

  • Differential privacy with synthetic data teaches models about insights, not specific individuals (e.g., diseases, not patients).
  • Synthetic data allows training smaller, specialized models, improving efficiency and cost.
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