Teaching AI to Play Fair: The Game-Changing Role of Synthetic Data

By Kraig Kleeman

“Think of synthetic data as the ultimate chess master in the game of AI—always thinking five moves ahead, and turning biases into balanced datasets. Join me as I dive into this game changer that’s reshaping our tech landscape.” – Erik Severinghaus, Founder and CEO

Introduction

Hello all, Erik here. Today I explore something very interesting and potentially revolutionary for AI—synthetic data. You maybe are thinking, “Why is this so important?” Well, let me guide you on a small journey to see how this can really change things in AI world.

So, What’s the Big Problem with AI Right Now?

Let’s start with the basics. Imagine you’re trying to teach someone how to recognize a cat. You’d show them tons of pictures of cats, right? But what if most of your pictures are of tabby cats? They might start thinking all cats have stripes, which isn’t true. This is similar to one of the biggest headaches in AI training today—data bias. Most of the data we use to train AI systems has some sort of bias because, well, it comes from the real world, and the real world isn’t perfect.

Not only this, but there are many tricky problems with using people’s data—like worries about privacy and legal issues. This is when synthetic data becomes very helpful. It’s like making a completely new set of information in a lab that copies real-world data but does not use actual people. This way, it avoids many privacy and bias problems.

Can Synthetic Data Really Help?

Absolutely, and here’s how. By using synthetic data, we can create perfectly balanced datasets. No more showing too many tabby cats! We can create all kinds of rare situations that a model should learn but might not see often in real life. Imagine it like a secure playground where AI can practice and improve without causing any legal troubles.

What About the Quality?

Now, this is where things get a bit challenging. Synthetic data isn’t always perfect—it can sometimes seem too clean or too idealized. So when AI faces the real world, it’s like “Whoa, what’s all this mess?” This can cause something we call model drift. It happens when AI begins to get confused because the real world does not act as orderly as the synthetic data.

But here’s the interesting thing: as our technology for generating synthetic data improves, it starts to resemble the real world more closely, minus all the confusing elements. It’s similar to creating a movie set that looks like a busy city—it appears authentic, but everything is managed perfectly.

Making AI More Understandable

What I really like about synthetic data is how it can help us see why AI makes certain choices. By changing the synthetic data, we can show more clearly why an AI model decides in a specific way. For example, if we want AI to learn how to spot risks, we give it different data examples that clearly show what high risk is. This way makes the AI not look like a confusing black box but more like a smart helper you can actually understand and use.

But Isn’t It a Bit Risky?

Sure, making synthetic data has difficulties. Think about it—if you know how to make a lock, maybe you also understand how to unlock it. The same thing is true for synthetic data. If someone knows the process of its creation, they might find methods to tamper with it. Also, if we do not use caution, the tools that help us make synthetic data might bring new problems.

Wrapping It Up

So, the main point is this: synthetic data isn’t just something cool; it’s a strong tool that helps AI become smarter, safer, and more fair. It’s like giving AI an amazing ability—handling data ethically. But, like any powerful tool, it needs to be used wisely and watched closely.

I hope this shows you why I feel so excited about creating synthetic data. It’s not only for making AI more intelligent, but also to ensure that AI benefits us in fair and safe ways for all people. Let’s keep pushing limits, but we must do it correctly. Thanks for joining in this geeky journey—I am very excited to see where we will go next!

About Erik Severinghaus

Erik Severinghaus is a highly successful entrepreneur, author, and mountaineer. If his accomplishments and aspirations were to draw inspiration from natural icons, he could be described as a fusion of Mark Zuckerberg’s visionary approach to business and Tony Stark’s electrifying approach to saving humanity. He possesses keen business acumen and a flair for captivating customers, investors, and marketing partners.

Erik’s entrepreneurial spirit is boundless, as evidenced by his track record of founding, operating and exiting multiple ventures that have created a combined $600M in value. Erik’s investment skills are striking. He was a founding investor in Hyde Park Angels which recently helped ShipBob achieve unicorn status. He raised $6M startup capital for his newest venture, Bloomfilter, which is growing by triple digits, quarter over quarter.

As an endurance athlete, Erik has conquered some of the world’s tallest peaks, including Mt. Everest in 2018. In his public appearances, Erik is quick to discuss that learning to navigate through the valleys in his business life is what has led him to properly navigate the victories.