Search arXiv⌕ Search
Home/Archive/arXiv

arXiv · 2002.01047

Data Market Platforms: Trading Data Assets to Solve Data Problems

Raul Castro Fernandez·Pranav Subramaniam·Michael J. Franklin
View original source ↗Read source document ↗Export metadata ↓

Abstract

Data only generates value for a few organizations with expertise and resources to make data shareable, discoverable, and easy to integrate. Sharing data that is easy to discover and integrate is hard because data owners lack information (who needs what data) and they do not have incentives to prepare the data in a way that is easy to consume by others. In this paper, we propose data market platforms to address the lack of information and incentives and tackle the problems of data sharing, discovery, and integration. In a data market platform, data owners want to share data because they will be rewarded if they do so. Consumers are encouraged to share their data needs because the market will solve the discovery and integration problem for them in exchange for some form of currency. We consider internal markets that operate within organizations to bring down data silos, as well as external markets that operate across organizations to increase the value of data for everybody. We outline a research agenda that revolves around two problems. The problem of market design, or how to design rules that lead to the outcomes we want, and the systems problem, how to implement the market and enforce the rules. Treating data as a first-class asset is sorely needed to extend the value of data to more organizations, and we propose data market platforms as one mechanism to achieve this goal.

Explore related subjects

cs.DB

Keep this discovery

BibTeXRIS

Raul Castro Fernandez, Pranav Subramaniam, Michael J. Franklin. 2020-02-03. Data Market Platforms: Trading Data Assets to Solve Data Problems. https://arxiv.org/abs/2002.01047

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

arXiv2026

OmniTable: A Unified Wide-Table System for Petabyte-Scale LLM Data Curation and Exploration

Data curation is a critical bottleneck in industrial-grade LLM development, where petabyte-scale unstructured corpora are scattered across hundreds of physical tables, feature engineering relies on manual, table-centric pipeline orchestration, and data lineage is largely absent. We present OmniTable as an architecture blueprint for a unified wide-table layer built on Logical Unification, Physical Separation, targeting petabyte-scale LLM data curation and exploration. OmniTable makes four contributions: (1) a unified wide-table abstraction that consolidates multi-source heterogeneous data and thousands of derived features under a single logical schema via logical-physical mapping; (2) declarative feature lifecycle management that automates dependency resolution, execution planning, operator fusion, and lineage tracking, replacing manual pipeline orchestration with a "declare-and-execute" paradigm; (3) an adaptive execution engine with autonomous governance that achieves stable PB-scale feature backfill through heterogeneous compute routing (CPU/GPU), adaptive tuning, UDF-level fault tolerance, and automated storage layout optimization; and (4) hybrid-accelerated data exploration combining a global ID index, transparent OLAP offloading, and background materialized views to deliver second-level point lookups and filtered exports exceeding 20 TB/hour. In production, OmniTable manages over 35 PB of training data across web, code, PDF, and SFT domains, reducing the human-in-the-loop curation cycle from approximately 14 days to approximately 2.5 days (5.6x over the pre-OmniTable production workflow), with consistent feature versioning, auditable lineage, and minimal manual intervention.

cs.DB↗
arXiv2026

When Does Low-Bit Quantization Preserve the Decisions of Vector Search?

Low-bit quantization can achieve high recall on some vector representations and fail sharply on others, while average distortion and global rank correlation do not explain the difference. We study quantized vector search at the level of the comparisons consumed by ranking and graph-pruning algorithms. Our first result is a distribution-free decomposition: the probability that a comparison flips is bounded by the probability mass of exact margins near zero plus the tail probability of the calibrated residual. We then account for dependence between residuals that share a query or graph node, and derive covariance-aware second-moment identities and tail bounds under a joint MGF proxy. For a frozen candidate permutation, we prove a deterministic coupling theorem for Vamana neighbour selection: the approximate replay returns the exact neighbour list exactly when all candidate-level pruning actions agree on the frozen exact states. We connect these results to representation geometry through an exact Gaussian oracle, establish a strict correlation gain from a deterministic magnitude bit in an aligned bilinear model, and give a rare-contamination construction showing why marginal Gaussian diagnostics do not imply the required residual tails. When analytical assumptions are unavailable, a held-out block certificate bounds the selective failure risk of a frozen quantized rule. Across learned, classical, and synthetic embeddings, standardized exact margins predict held-out ranking and pruning flip rates substantially better than global rank correlation. The framework applies to coordinate binary codes, RaBitQ, Lucene BBQ, and product quantizers through a common decision interface.

cs.DB↗
arXiv2026

Contextual Utility of Quantization Moves in Extreme Low-Bit LLMs

Post-training quantizers select finite code changes using reconstruction proxies or local loss approximations, but the utility of a quantization move depends on the state through which it is executed. We identify two sources of this contextual dependence. First, the displacement of the move matters: evaluating the gradient at the move midpoint captures curvature accumulated along the move that a current-state linearization omits. Across frozen two-bit moves from Llama-3.2 models, midpoint evaluation predicts the direction of exact endpoint loss changes substantially more accurately than current-state gradients. Second, moves interact: exhaustive lattices of legal quantized states are well approximated by quadratic pseudo-Boolean functions, yet their small pairwise components can determine Pareto fronts and cause different evaluation functionals to prefer opposite directions. These effects explain failures of reconstruction-optimal code re-selection and additive composition. Reading each move at its own midpoint repairs the local selection step and improves downstream accuracy and held-out perplexity, while larger supports require evaluating exact endpoints from the state actually reached. Exact-endpoint beam search finds sparse changes that dominate much larger one-shot updates, and repricing the same moves after intervening changes produces widespread sign reversals. These results show that quantization utility is contextual at the granularity of a few moves: reliable construction must evaluate finite changes along their own paths and compose them from the evolving quantized state.

cs.DB↗