Why are all these data companies buying internal data?

https://apnews.com/press-release/newsfile/press-release-2dc1342f34a40e5953ab80c2f4bd4fdd

21•eeko_systems•54m ago

Comments

Legend2440•50m ago

To train AI models on it? It's right in the headline.

eeko_systems•48m ago

how does that make anything better though

like what does someone email or QuickBooks give you

Legend2440•46m ago

I didn't say it does make it better. But it does answer the question in the title.

ddarolfi•31m ago

Title "HUMXN Research Labs Wants to Buy $50 Million Worth of Skilled Trades, Farming, and Manufacturing Data for AI & Robotics Training"

toddmorey•31m ago

Here’s how I think about it: only organic data from real scenarios will provide realistic edge cases. The world is much harder to accurately simulate than people sometimes assume.

altcognito•29m ago

Are they repeat customers? What operations are the best to charge for? What were those prices, so on and so forth.

lukeschlather•27m ago

They're looking for like, plumbers' email and quickbooks which tells you what kind of plumbing jobs they do and how much they get paid, so they know what kind of things to make robots for.

totetsu•47m ago

Ai training is the orifice through which everything is subsumed.

whatdowecallu•41m ago

They scrapped the entire internet and need more

Pigo•32m ago

If only I'd known that I should have been collecting as much minutiae as possible all these years...

chasebank•28m ago

A friend of mine owns a few home health care businesses in the bay area. He said he's approached weekly and offered anywhere from $500k-2M for his data.

rootsudo•18m ago

Interesting. I understand it’s for forecasting and emulating the same business too. Just didn’t think HHC would be there as Medicare dispursement is the biggest payer and that’s public record so hmmm

Delphiza•19m ago

Wait until the market matures enough for underpaid or disgruntled employees being able to sell data easily.

DecoPerson•17m ago

Well other than the new wave of trying to mine useful saleable insights using new AI tools, there has always been a demand for insider trading signal sources. If you can find data that predicts stock market movements consistently, even if those movements are slow, then you can beat the bond rates and obtain consistent returns (barring any stock market crash).

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