Artificial Corner

Artificial Corner

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Data: An important resource in the AI revolution

Data might have become the new oil of the 21st century.

Frank Andrade's avatar
Frank Andrade
Feb 06, 2024
āˆ™ Paid
Image via Shutterstock

Hi!

The other day I was thinking that many people still don’t know the value of data, which is surprising given that data is what makes AI possible. Companies like OpenAI have been collecting data for many years to train their models, creating the tools we all know today.

In the coming articles, I’ll show you the techniques these companies use to collect data and what you can do with this data but, first, let’s see why data is so important nowadays.

The concept of data as a strategic asset has been gaining momentum in the past years, however, regular people aren’t able to see the real value in data.

We know big tech companies have been collecting data for a long time. We know that year after year new regulations about the use of data are created. That said, most of us still don’t understand the impact data has on our society.

A few years ago, The Economist published an article called ā€œThe world’s most valuable resource is no longer oil, but data.ā€ However, for regular…

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