The Rise of Synthetic Data Governance: A 2-Year Generative AI Evolution
In the next two years, I predict that the generative AI landscape will undergo a significant shift towards Synthetic Data Governance. This paradigm will be driven by the increased adoption of generative AI in various industries, including finance, healthcare, and automotive, where high-quality data is essential for training and validation.
With the exponential growth of generative models, the risk of synthetic data contamination will become a pressing concern. Current approaches to data governance are insufficient to manage the complex relationships between real and synthetic data. As a result, organizations will need to develop new frameworks and standards for Synthetic Data Governance, which will involve the development of:
- Data Provenance: a system to track the origin, history, and evolution of synthetic data.
- Data Quality Control: a set of metrics to evaluate the accuracy, completeness, and fairness of synthetic data.
- Data Security: robust measures to protect synthetic data from unauthorized access, manipulation, and exploitation.
- Regulatory Compliance: guidelines for the use of synthetic data in compliance with existing regulations, such as GDPR and CCPA.
To achieve this, organizations will need to collaborate with AI researchers, data scientists, and policymakers to establish a common understanding of Synthetic Data Governance. This will require the development of new tools, techniques, and standards for synthetic data management, which will be a critical aspect of the generative AI ecosystem in the next two years.
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