
Fair Pricing for LLM Training Data
A data valuation framework that ensures equitable compensation for data contributors
This research introduces Fairshare, a novel pricing framework that quantifies the contribution of training data to Large Language Models, ensuring fair compensation for data sellers while optimizing value for buyers.
- Establishes data prices based on measurable contributions to model performance
- Creates a more sustainable data marketplace by incentivizing quality data creation
- Demonstrates practical implementation with various datasets including medical diagnosis scenarios
- Addresses a critical market failure in current LLM development ecosystems
For the medical sector, this framework enables more equitable pricing of valuable clinical data, potentially increasing the availability of high-quality medical datasets for specialized healthcare LLMs while ensuring healthcare providers are fairly compensated for their contributions.