Curated Resource ( ? )
Is Your Company’s Data Actually Valuable in the AI Era?
Curated:
21/01/2018 from
hbr.org/2018/01/is-your-companys-data-actually-valuable-in-the-ai-era
my notes ( ? )
“data is the new oil” ... your company can consider itself lucky. You collected all this data, and then it turned out you were sitting on an oil reserve ... when you have that sort of luck, it is probably a good idea to ask “Are we really that lucky?”... the data you are sitting on now... accumulated over time, is the type of data used to build the prediction machine — not operate it.... training data ... Once your data is used to train a prediction machine, it is devalued... the greater the number of other suppliers of your type of data, the less value you can capture ...
the new data you accrue each day... provides a perpetual benefit for operating and further enhancing your prediction machine... your accumulated historical data isn’t the thing. However, it may be the thing that gets you to the thing
the new data you accrue each day... provides a perpetual benefit for operating and further enhancing your prediction machine... your accumulated historical data isn’t the thing. However, it may be the thing that gets you to the thing
Read the Full Post
The above notes were curated from the full post hbr.org/2018/01/is-your-companys-data-actually-valuable-in-the-ai-era.Related reading
More Stuff I Like
More Stuff tagged ai , machine learning
See also: Digital Transformation , Innovation Strategy , Science&Technology , Business