This episode of the EY India Insights Podcast takes a deep dive into the transformative potential of synthetic data in the realm of artificial intelligence. Join host Silloo Jangalwala, Associate Director at BMC, as he speaks with Alexy Thomas from Tech Consulting at EY India. Together, they explore pressing questions about synthetic data, its ability to address privacy concerns, and whether it can serve as a comprehensive solution for AI data needs.In this episode, you'll hear about:Understanding synthetic data: The fundamentals of synthetic data and its role in AI development.Privacy solutions: How synthetic data can help mitigate privacy risks while maintaining data utility.AI data needs: The limitations of synthetic data and its place in a broader data strategy.Future implications: What the rise of synthetic data means for the future landscape of AI technology.Key Takeaways:Synthetic data offers innovative solutions to data privacy challenges in AI.It's essential to understand the strengths and limitations of synthetic data in various applications.Navigating the future of AI will require a nuanced approach to data sourcing and governance.Tune in to discover how synthetic data could reshape the future of AI!Listen now.Subscribe for More:Stay tuned for more expert-led discussions on the EY.ai Podcast. Subscribe on your favorite platform:Amazon MusicYouTube MusicSpotifySoundCloud

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