5 Strategies for Generating Machine Learning Training Data
Have you run into issues acquiring the right type of data for your machine learning (ML) projects?
You’re not alone. Many teams do. And data is one of the key sticking points in starting AI initiatives at companies. In fact, according to IBM’s CEO, Arvind Krishna, data-related challenges are the top reason IBM clients have halted or canceled AI projects.
Often what happens in practice is that the relevant ML training data is either not collected, or collected but the data lacks the required labels for training a model. It could also be that the existing volume of data is insufficient for ML model development.
As I’ve discussed in one of my previous data articles, such issues result in delays, project cancellation, biased predictions, and an overall lack of trust in AI initiatives. Bottom line: having the right data, in the right volume is critical for any ML project.
But, what if your company does not have a solid big data strategy, or you’re just getting started with data collection? How can you safely start machine learning projects for your automation tasks?
In this article, we’ll explore five strategies for obtaining high-quality machine learning training data for your projects, even if you’re new to AI or your data strategy is still in the works. This is a long article, so take the time to explore each strategy carefully.
#1: Start Manually with Domain Experts
If you have zero data for an automation problem or your data is limited, you can put together a team of experts who’ll manually complete tasks, while at the same time start generating high-quality data.
Say you’re looking to develop an AI tool that detects fraudulent website logins. If you’ve never tracked fraudulent login attempts, you’ll have limited to no data to train a model. But you can start the process manually with a team of security experts to start generating high-quality data. This data can later be used to train a machine to detect fraud just like its human counterpart. All the data…