Data is cost. It takes money to create data, store it, clean it, and throw resources at it to learn anything from it.
Sentiment: NEGATIVE
Data is the fabric of the modern world: just like we walk down pavements, so we trace routes through data, and build knowledge and products out of it.
The fact is that data are worth a lot of money.
I'm kind of fascinated by this idea that we can surround ourselves with information: we can just pile up data after data after data and arm ourselves with facts and yet still not be able to answer the questions that we have.
We're entering a new world in which data may be more important than software.
Data helps solve problems.
People believe the best way to learn from the data is to have a hypothesis and then go check it, but the data is so complex that someone who is working with a data set will not know the most significant things to ask. That's a huge problem.
Data is a precious thing and will last longer than the systems themselves.
Education has always produced an incredible amount of data; that's always been obvious to me. But technology had to catch up.
Most executives, many scientists, and almost all business school graduates believe that if you analyze data, this will give you new ideas. Unfortunately, this belief is totally wrong. The mind can only see what it is prepared to see.
Data is the kind of ubiquitous resource that we can shape to provide new innovations and new insights, and it's all around us, and it can be mined very easily.