There's something that happens with the collection of a large amount of data when it's dumped into an Excel spreadsheet or put into a pie chart. You run the risk of completely missing what it's about.
Sentiment: NEGATIVE
Data is cost. It takes money to create data, store it, clean it, and throw resources at it to learn anything from it.
I'm not for the mass collection of data. I go the other way.
The fact is that data are worth a lot of money.
If I had a spreadsheet on my computer, it looked like I was busy.
I think you can have a ridiculously enormous and complex data set, but if you have the right tools and methodology then it's not a problem.
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.
I collect a lot of data. We all do.
There is a rampant tendency in any industry where someone is trying to sell something with a bunch of data, where they cherry pick a little bit... bias a little bit. This becomes quite easy when there is an enormous amount of data to cherry pick from.
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.
Amazing things happen when you pull individual pieces of information together into larger linked datasets: meaning emerges, as you produce facts from figures.
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