Exactly. As a founder of an AI focused startup, it is so hard convincing VC's that data can be as valuable as revenue.
Some VC's don't even bother beyond the screening call If there is less revenue although the data we gather in the process is more valuable.
Google very well knows the true value of data and hopefully they can shake the VC world for AIs
Google might have an advantage in personal data, that can be used for advertising and health, but when it comes to general data, such as image datasets and NLP datasets, they can be found in the public domain and are growing fast. There is just a specific, limited advantage to Google in datasets. Mostly for ads.
For example, here are some of their recent NLP datasets: https://github.com/google-research-datasets
In images, OpenImages is theirs, and there are assorted ones derived from YouTube.
Stanford's SNLI is the most recent non-Google NLP dataset which is getting used a lot. Babi (from FB) too, if you count that as NLP
I think you underestimate just how far along Google is with respect to the huge amounts of raw data they handle. They've been around for 20 years now and amassed a lot of expertise handling all kinds of data imaginable at scale.
If you disagree, who would you say is ahead of Google wrt general data sets that are valuable?
This is not just an issue for startups, but also for independent researchers at universities, who often can’t even replicate the successes Google and co report.
Most studies currently done in AI by Google, Amazon, etc were never replicated, and likely never will be able to, because access to data is missing.