23
May
Data's value is something of a double-edged sword. On one hand, digital data lays the groundwork for powerful AI applications, many of which could change the world for the better. Conversely, storing so many details on people creates huge privacy risks. Synthetic data provides a possible solution. What Is Synthetic Data? Synthetic data is a subset of anonymized data – data that doesn't reveal any real-world details. More specifically, it refers to information that looks and acts like real-world data but has no ties to actual people, places or events. In short, it's fake data that can produce real results. In…