Can Synthetic Data Solve Our Data Bias and Privacy Problems?

Nicolai Baldin, founder and CEO of Synthesized.io, talks about the future of sharing data and the power of synthetic data. Synthetic data is a new solution for data sharing needs that’s secure and easier to regulate.  Synthetic data solves the privacy issues that arise with anonymization, where even anonymized data could reveal private information. Bias is a serious issue with real-world data sets, but synthetic data can correct for such bias because it doesn’t rely on existing data.  Data is an essential tool for companies and organizations, but simply using whatever data you can find or collect from users or…...