Published in · 13 min read · Oct 7, 2020
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“Leveraging exponential technology to tackle big goals and using rapid iteration and fast feedback to accelerate progress toward those goals is about innovation at warp speed. But if entrepreneurs can’t upgrade their psychology to keep pace with this technology, then they have little chance of winning this race.”
― Peter H. Diamandis, Bold: How to Go Big, Create Wealth and Impact the World
It’s still Day 1 for data. Companies, governments, non-profits around the world are already extracting a whole lot of value from data. But really, compared to the things that are coming, today is really just Day 1. Data is growing exponentially, as is our ability to extract knowledge from it. If you imagine the amount of data available to us as an apple, then by 2030, this apple has turned into a soccer ball. By 2050, it’s gonna be the size of an entire soccer field!
But what really does that mean for you and me? What exactly contributes to this kind of data growth? Will it mean the value we can extract from the data will grow linearly with the amount of data? As I was…