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Data Markets to support AI for All: Pricing, Valuation and Governance

May 14, 2019

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Ramesh Raskar, Praneeth Vepakomma, Tristan Swedish, Aalekh Sharan. Data Markets to support AI for All: Pricing, Valuation and Governance, arXiv:1905.06462 (2019).

Abstract

We discuss a data market technique based on intrinsic (relevance and uniqueness) as well as extrinsic value (influenced by supply and demand) of data. For intrinsic value, we explain how to perform valuation of data in absolute terms (i.e just by itself), or relatively (i.e in comparison to multiple datasets) or in conditional terms (i.e valuating new data given currently existing data).

via arXiv
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