Simulated data is revolutionizing AI by generating extensive, diverse datasets that propel innovation. This game-changing technology offers incredible opportunities to enhance AI development but also introduces significant risks that are often overlooked or external to the model. In this session, we'll delve into how simulated data is shaping the present and future of AI, examining its applications across various industries, the benefits it provides, and the challenges it presents. Discover how simulated data could redefine technology and impact multiple sectors.