foundational fact
5 Foundational Facts to Understand the Data Labeling Process
The data labeling market is growing at a remarkable rate. Recent estimates suggest that it will be worth over $38 billion by 2028. While it is fascinating to observe the fast pace this market is growing, many laypeople and even some IT professionals are also confused about the concept behind data labeling. What is data labeling and what are its implications for the data science profession? Working with AI (artificial intelligence) models involves various components, one of the most important of them being data labeling.