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CMSC-33580-1

The Value of Data

Schedule

Please, check out this schedule frequently as it will likely change a bit throughout the quarter. In addition, I will post readings for each week the previous week.

Lecture Date Lecture Keywords Readings
1 03/22 What is the Value of Data? Theory of the Value of Data 1/2 1. Introductions, 2. The Data Ecology Agenda and the role of the “value of data” 3. what is the value of data? why do we care? Come ready with an answer to “what is the value of data?” and read 1-.Carriere-Swallow, Mr Yan, and Mr Vikram Haksar. The economics and implications of data: an integrated perspective. International Monetary Fund, 2019. 2-. Jeannette Wing. The Data Life Cycle. HDSR, 2019.
2 03/29 What is the Value of Data? Systematization of the Value of Data 2/2 1. systematization of the value of data 2. paper discussion 1-. Mike Fleckenstein, Ali Obaidi, and Nektaria Tryfona A Review of Data Valuation Approaches and Building and Scoring a Data Valuation Model HDSR 2023 2-. Malika Bendechache, Judie Attard, Malick Ebiele, Rob Brennan. A Systematic Survey of Data Value: Models, Metrics, Applications and Research Challenges IEEE Access 2023 3-. Diane Coyle, Annabel Manley. What is the value of data? A review of empirical methods. Journal of Economic Studies. 2023
3 04/05 Continuing Discussion from first 2 sessions    
4 04/12 Value of Data in ML and LLMs   1-. Yongchan Kwon, James Zou. Beta Shapley: a Unified and Noise-reduced Data Valuation Framework for Machine Learning. AISTATS 2022 2-. Gautam Machiraju, Alexander Derry, Arjun Desai, Neel Guha, Amir-Hossein Karimi, James Zou, Russ Altman, Christopher Ré, Parag Mallick. Prospector Heads:Generalized Feature Attribution for Large Models & Data. (Preprint, arxiv) 2024 3-. Weixin Liang, Girmaw Abebe Tadesse, Daniel Ho, Li Fei-Fei, Matei Zaharia, Ce Zhang, James Zou. Advances, challenges and opportunities in creating data for trustworthy AI. Nature Machine Intelligence. August 2022
5 04/19 Data, Internet, Economy   1-. Jack Henderson, Matt Prewitt. Data Coalitions and Escrow Agents RadicalXchange. 2023 2-. Mozilla Insights (Data Futures Lab) Is that even legal? A guide for builders experimenting with data governance in the United States. 2023 3-. Hanlin Li, Nicholas Vincent, Stevie Chancellor, Brent Hecht. ‘The Dimensions of Data Labor: A Road Map for Researchers, Activists, and Policymakers to Empower Data Producers’. ACM FAccT 2023. 4-. Dirk Bergemann, Alessandro Bonatti, Tan Gan The Economics of Social Data. RAND Journal of Economics. 2022
6 04/26 Various   1-. Marco Iansiti. The Value of Data and Its Impact on Competition 2021 2-. Salome Viljoen. A Relational View of Data Governance. Yale Law Journal. 2021 3-. Shrey Jain, Divya Siddarth, Glen Weyl Plural Publics 2023
9 05/17 The Data Ecology Research Agenda   TBD