Volume 10, Number 02, March 2020

A Brief Survey of Data Pricing for Machine Learning

  Authors

Zuoqi Tang, Zheqi Lv, Chao Wu, Zhejiang University, China

  Abstract

Big data and machine learning are poised to revolutionize the field of artificial intelligence and represent a step towards building an intelligent society. Big data is considered to be the key to unlocking the next great waves of growth in productivity, the value of data is realized through machine learning.

In this survey, we begin with an introduction to the general field of data pricing and distributed machine learning then progress to the main streams of data pricing and mechanism design methods. Our survey will cover several current areas of research within the field of data pricing, including the incentive mechanism design for federated learning, reinforcement learning, auction, crowdsourcing, and blockchain, especially, focus on reward function for machine learning and payment scheme. In parallel, we highlight the pricing scheme in data transactions, focusing on data evaluation via distributed machine learning. To conclude, we discuss some research challenges and future directions of data pricing for machine learning.

  Keywords

Data pricing, Big data, Machine learning, Data transaction

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