Oh great, the term "big data" is back.
So my definition of big data was data so big it cannot be processed on a single machine in a reasonable amount of time. I guess they’re using a different definition?
You have phones that are faster than cloud VMs of the past. You can use bare metal servers with up to 344 cores and 16TB of ram.
I used to share your definition too, but I now say that if it doesn’t open in Microsoft Excel, it’s big data.