When it comes to data sharing in the AI era, policymakers need to ensure that the rules of the game reflect the realities of the tech.
Why don’t more firms share data with others to tackle big, industry-wide problems that they simply cannot solve alone?
Sharing data with competitors might sound scary to executives, but only collaboration can solve some of industry’s biggest problems.
“You have federated learning…to get insights without moving the data. You’re safer. You have less liability. You have greater auditability… it’s got a lot going for it.”
“Data is a clear asset: an asset for business, but it could also become an asset for society if we find out the right incentive structure and also the right governance structure.”
“I really believe in open innovation, where you use the capabilities of crowdsourcing to get access to know-how, capabilities, and also domain expertise that you don’t have in-house.”
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