Bringing the Future Closer with Data
It was once thought the demand for computers would never rise over a handful, many would never come in contact with one. This was due to the way we interacted with them and the complexity of the tasks we had them perform. This prediction was clearly wrong. The same notion exists when it comes to using data to make decisions. Only large organizations with massive data centers, expensive software and teams of PhDs can capture the value in data. Organizations focus efforts on only the most complex issues. Using computers for less complex tasks changed history and as William Gibson proclaimed, “The future is already here – it’s just not evenly distributed”, a similar fate is occurring in data. Startups can use data to displace entire industries, tools can help average people with everything from movie recommendations to managing retirement plans. By changing who has access and the problems we address we can turn data into a force multiplier instead of the burden it often becomes.