METHOD AND SYSTEM FOR GENERATING LABELED DATASET USING A TRAINING DATA RECOMMENDER TECHNIQUE

This disclosure relates generally to a method and system for generating labelled dataset using a training data recommender technique. Recommender systems face major challenges in handling dynamic data on machine learning paradigms thereby rendering inaccurate unlabeled dataset. The method of the present disclosure is based on a training data recommender technique suitably constructed with a newly defined parameter such as the labelled data prediction threshold to determine the adequate amount of labelled training data required for training the one or more machine learning models. The method processes the received unlabeled dataset for labelling the unlabeled dataset based on a labelled data prediction threshold which is determined using a trained training data recommender technique. This labelling data threshold leads to a significant reduction in training time while performing the one or more machine learning models and thus recommender systems to quickly adapt disruptions thereby decreasing the reduction factor.