In this episode of Beneficial Intelligence, I discuss data hoarding. Gathering too much data costs money and doesn't add value. We think we need all this data to train our AI, but hoarding data is the wrong place to start.
Using a counterproductive metaphor, some say that "data is the new oil." That is a dangerous metaphor with no less than four problems:
Gathering data in the hope of extracting value is putting the cart in front of the horse. The right way to work with data is to start with a business goal and a hypothesis about which data might provide insight. Gather the data, run the experiment and evaluate. Don't just hoard data.
Beneficial Intelligence is a bi-weekly podcast with stories and pragmatic advice for CIOs, CTOs, and other IT leaders. To get in touch, please contact me at [email protected]
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More