Written by: Ryan Monsurate, Co-founder, CTO
The internet is growing at an exponential pace. According to Statista and IDC, the amount of global data generated is doubling roughly every two years, a trend driven by everything from social media, IoT devices, streaming content, and the explosion of user-generated information. In 2024 alone, it’s estimated that the total volume of data will exceed 175 zettabytes – a number almost unfathomable compared to just a decade ago.
However, despite this exponential growth, the amount of high-quality data available for AI training is shrinking. It’s a paradox that arises not from scarcity, but from increased restrictions and control over data usage. The rapid decline of openly accessible web content for AI training is creating a dearth of valuable data, with significant implications for businesses looking to harness AI.
A recent study by MIT (2024) highlights this trend, showing how data restrictions are rising rapidly:
robots.txt
files to restrict crawlers from accessing or indexing their content. Over the last eight years, the percentage of restricted domains has surged dramatically.Ironically, even though the total amount of data online might be sixteen times greater than it was eight years ago, the absolute volume of usable training data has decreased significantly.
As more public websites lock down access to their data, privately held data is becoming increasingly valuable. For companies with robust internal datasets – whether stored on internal intranets, CRM systems, or proprietary databases – there is a significant opportunity to capitalize on this trend. AI models trained on high-quality, domain-specific data can deliver transformative outcomes:
At Farpoint, we specialize in training AI models on your data – data that you own, control, and derive value from. Whether it’s optimizing workflows, automating repetitive tasks, or augmenting your team’s decision-making processes, our AI solutions are designed to deliver measurable impact.
As the public AI training commons continue to shrink, the data you already possess is becoming your greatest asset.
Don't let limited access to data hinder your AI initiatives. By leveraging our AI research teams, we can unlock hidden potential and significantly improve the performance of your AI models. Contact us today to learn more about how Farpoint can help your business harness the power of the latest AI innovations.