Curated Resource ( ? )

Is Your Company’s Data Actually Valuable in the AI Era?

Is Your Company’s 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

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

Cookies disclaimer

MyHub.ai saves very few cookies onto your device: we need some to monitor site traffic using Google Analytics, while another protects you from a cross-site request forgeries. Nevertheless, you can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings, you grant us permission to store that information on your device. More details in our Privacy Policy.

I agree