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Synthetic data : Offers a privacy-compliant alternative for AI training and validation tests, predicted to surpass real data usage in AI models by 2030. Its impact is so big, that Gartner predicts synthetic data will surpass real data (in AI models) by 2030. Use of fully or partially synthetic data. Source: Gartner.
ChatGPT has brought the AI discourse to every industry. Almost all major technology companies are increasing investment in AI models (BERT by Google, RoBERTa by Facebook, GPT-3, etc.) trillion to the global economy by 2030 — more than 3X the GDP of Japan. A report by PwC states that AI could add $15.7
PwC predicts AI will boost the North American GDP by 14% in 2030. However, some enterprises in high-integrity industries like pharma and finance will invest in their own private AI models to prevent instances like leaking enterprise secrets via ChatGPT.
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