Big data has the potential to revolutionize various industries for the better from "summary" of Who Owns the Future? by Jaron Lanier
Big data is often hailed as the solution to many problems in various industries. The idea is that by collecting and analyzing massive amounts of data, companies can gain valuable insights that can lead to improved decision-making and innovation. In theory, this sounds great – who wouldn't want to use data to make better choices and create new opportunities? However, the reality is often more complicated. One of the main challenges with big data is the sheer volume of information that needs to be processed. While it's true that modern technology allows us to collect and store vast amounts of data, actually making sense of this data can be a daunting task. Companies need to invest in sophisticated algorithms and data analysis tools to extract meaningful insights from the mountains of data they collect. This can be expensive and time-consuming, and there's no gu...
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