Synthetic Data
Synthetic data is artificially generated data created by AI models or algorithmic processes rather than collected from real-world events. It is used to train, test, and validate other AI models when real data is scarce, expensive to obtain, or contains privacy-sensitive information. Synthetic data can augment existing datasets or create entirely new training sets tailored to specific tasks.
Example
A healthcare AI company needs thousands of medical records to train a diagnostic model, but real patient data is heavily regulated. They use a generative model to create synthetic patient records with realistic symptoms, demographics, and outcomes — enabling model training without exposing any real patient information.
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