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[D] How do you guys in the industry deal with data scarcity? (alien.top)

submitted 11 months ago by BadKarma-18@alien.top to c/machinelearning@academy.garden

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I was recently trying to work on a ML project and realized that the I need very specific type of data for what I am trying to achieve which makes me wonder how do people and companies deal with data scarcity, I am pretty sure they at some point need very specific type of data which isn't easily available

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[–] ai_hero@alien.top 1 points 11 months ago

IMO, this is the whole reason people use Bayesian Methods in the first place - it solves the cold start problem - building a model when you don't have data to build a model.