Why 23andMe’s Genetic Data Could Be a ‘Gold Mine’ for AI Firms

Why 23andMe’s Genetic Data Could Be a ‘Gold Mine’ for AI Firms

The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.

“Data is the new oil—and this is very high quality oil,” says Subodha Kumar, a professor at the Fox School of Business at Temple…

Article Source
https://time.com/7271463/23andme-data-ai-bankruptcy/

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