The best way to manage infinity is to pretend that it doesn’t exist. Sometimes putting constraints on things is the only way to get things done. Sometimes these constraints are real like the within the laws of physics, but sometimes they are quite arbitrary. Decision-making requires making choices and choosing Read more…
Data addiction is a huge and cascading problem as data increasingly moves toward infinity. Data is valuable, but its value is overestimated. The right data, applied appropriately is useful, but contrary to the prevailing wisdom, having more data doesn’t necessarily lead to better outcomes. At the same time, it is Read more…
Your data is worth nothing. No, really. When there is so much data available every bit of additional data has diminishing returns. For all the times that new information provides meaningful clarity, there are more times that more information is really just more noise and muddle. Information does not, in Read more…
With more and more information being demanded from us for everything, everywhere, everyday and all at once, we still end up with “boiled down” information highlights. The irony is that while we have so much more detailed information collected, we end up having to communicate in smaller “boiled down” quantities. Read more…
When you get down to basics, information technology is about communication and keeping track of data. Unsurprisingly, as the ability to communicate and track information increases, the more that there is to communicate and track. In theory, more information leads to better outcomes. While better information tools can process more Read more…
Everybody suffers from unrealistic expectations about the value of information. While in general it seems that more information is better, it still may not be enough to make decisions. The flaw of all information systems is that they don’t account for entropy. Entropy of information and the entropy of the Read more…
While I am far from an organic food purist, I generally prefer real food as opposed to synthetic food. The same goes for data. While real data is messy and full of “flaws,” it is theoretical to have some kind of audit trail. Often it is only noise in…But sometimes Read more…
I have to admit that meta data is superior to synthetic data which is better than synthetic meta data. The scary part is that from a psychological point of view, we tend to believe that more information is better than less information. If only we knew X, that would make Read more…
Making it all make sense is senseless Trying to make sense of multiple streams of seemingly related but not necessarily related data seems like it is very strategic, but in all likelihood is not all that strategic. Given the amount of time it takes to collect, analyze and create the data driven Read more…
We asked ChatGPT for predictions for Artificial Intelligence in Industry over the next 5 years. Here is its response: Over the next five years, we can expect to see continued growth and expansion of artificial intelligence (AI) in industry. One area where AI is likely to make significant strides is Read more…