I believe we are living in the "emotional era", so data has being ignored and 'feelings' come first when making decisions or creating processes.
This is happening not only in companies but in our current society in general.
Big data is dead
91–100 of 444 posts
Re: Big data is dead
#92"For more than a decade now, the fact that people have a hard time gaining actionable insights from their data has been blamed on its size." The real issue is that business people usually ignore what the data says. Wading through data takes a huge amount of thought, which is in short supply. Data Scientists are commonly disregarded by VPs in large corporations, despite the claims about being "data driven". Most corpo…
I used to joke that Data Scientists exist not to uncover insights or provide analysis, but merely to provide factoids that confirm senior management's prior beliefs. I did several experiments, and noticed that whenever I produced analysis that was in line with what management expected - my analysis was praised and widely disseminated. Nobody would even question data completeness, quality, whatever. They would pick so…
Also a big reason McKinsey and BCG exists - provide cover for business plans intended by management to protect them from shareholder lawsuits. My friend did a sojourn at McKinsey and 6 months of his life was producing PowerPoints and memos backing up an expansion to AIPAC region. Was already happening but he was providing all manner of business justification for board meetings and whatnot.
Re: Big data is dead
#93Earlier quoted context omitted.
Is it crazy to think that instead of stepping up in the war against AI we instead try to figure out a way to teach kids assuming they will use AIs?
Are we trying to produce adults who are able to think critically and creatively, and who reach their full intellectual potential, or are we trying to produce adults who can push a few buttons and blindly believe what the machine tells them?
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Re: Big data is dead
#94"For more than a decade now, the fact that people have a hard time gaining actionable insights from their data has been blamed on its size." The real issue is that business people usually ignore what the data says. Wading through data takes a huge amount of thought, which is in short supply. Data Scientists are commonly disregarded by VPs in large corporations, despite the claims about being "data driven". Most corpo…
I used to joke that Data Scientists exist not to uncover insights or provide analysis, but merely to provide factoids that confirm senior management's prior beliefs. I did several experiments, and noticed that whenever I produced analysis that was in line with what management expected - my analysis was praised and widely disseminated. Nobody would even question data completeness, quality, whatever. They would pick so…
I agree with you. I call Data Scientists "soothsayers for the Pharoah".
Re: Big data is dead
#95Big Data is dead? Seems well and alive to me. If you're not a big company with big customers, it never affected you to begin with.
Big Data is far from dead. On the contrary, people (on most daily projects) are more mindful now wrt all Big Data liabilities and benefits (infrastructure cost vs. what you get from it) thanks to the experience of the failed ones. But many analytics companies are thriving.
Also, using BigQuery as a metric of how Big Data is used is, IMHO, wrong. Real analytics companies usually have custom solutions because BigQuery is too expensive for any serious usage unless you are Google.
Re: Big data is dead
#96Earlier quoted context omitted.
I used to joke that Data Scientists exist not to uncover insights or provide analysis, but merely to provide factoids that confirm senior management's prior beliefs. I did several experiments, and noticed that whenever I produced analysis that was in line with what management expected - my analysis was praised and widely disseminated. Nobody would even question data completeness, quality, whatever. They would pick so…
> I used to joke that Data Scientists exist not to uncover insights or provide analysis, but merely to provide factoids that confirm senior management's prior beliefs. So, a synonym for 'consultant?' :)
My experience with consultants normally ended up with them asking why they are there and what report should they present to upper management.
I've always used them as "independent 3rd parties" who were listened to.
Re: Big data is dead
#97With all the LLM craziness, this is just the beginning. How else are they going to train all those models? I'm not an expert, just imho.
Re: Big data is dead
#98nosql is dead, client side SPAs are dead. Nice to see the complexity pendulum swinging back to the correct side again. Curious what the merchants of complexity will reach for next. Are applets going to be the new hot thing?
Re: Big data is dead
#99"For more than a decade now, the fact that people have a hard time gaining actionable insights from their data has been blamed on its size." The real issue is that business people usually ignore what the data says. Wading through data takes a huge amount of thought, which is in short supply. Data Scientists are commonly disregarded by VPs in large corporations, despite the claims about being "data driven". Most corpo…
I used to joke that Data Scientists exist not to uncover insights or provide analysis, but merely to provide factoids that confirm senior management's prior beliefs. I did several experiments, and noticed that whenever I produced analysis that was in line with what management expected - my analysis was praised and widely disseminated. Nobody would even question data completeness, quality, whatever. They would pick so…
I wonder what a data scientist could really find out about executive (over?) compensation. employee compensation. working from home. office cubicle size and layout. tool expenditure for employees vs productivity.
Re: Big data is dead
#100Seems like just yesterday, every business magazine's cover story was about "big data." Wonder what the next batch of business buzz words will be?