Decisions can now be based on data rather than intuition from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
Many organizations have traditionally relied on intuition and gut feeling to make decisions. However, with the advent of big data, this approach is being challenged. Data is now abundant and easily accessible, providing a wealth of information that can be used to inform decision-making processes. By harnessing the power of data, organizations can now make decisions based on concrete evidence rather than subjective intuition. This shift towards data-driven decision-making has the potential to revolutionize how businesses operate and strategize. Instead of relying on guesswork or personal biases, decision-makers can now turn to data analytics to uncover patterns, trends, and insights ...
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