Term
Synthetic Data
Definition
Synthetic data is data created by a computer to mirror real-world information. It is used to train machine learning models, especially when actual data is rare, expensive to obtain, or sensitive.
Where you'll find it
In AI, synthetic data is used in data preparation and model training stages. It appears in tool settings and configurations where you can choose data types for training AI models.
Common use cases
- Training AI models in environments where data privacy is crucial, such as in healthcare.
- Developing AI systems in fields where real data is scarce or too costly to collect, like rare events in insurance.
- Improving the diversity and volume of data available for training models, ensuring they perform well across various scenarios.
Things to watch out for
- Over-relying on synthetic data may lead to models that are less effective in real-world applications because they might not capture all the nuances of real data.
- It is important to ensure that synthetic data does not unintentionally mimic sensitive real data too closely, to avoid privacy breaches.
- Continuously validating synthetic data against actual data helps maintain its effectiveness and relevance.
Related terms
- Data Anonymization
- Machine Learning Models
- Data Privacy
- Training Datasets
- Model Validation