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as a data scientist, it has always been about the data. it has always been a data race. google has known that, which is why they spent billions trying to prote
by autokad 8y ago
as a data scientist, it has always been about the data. it has always been a data race. google has known that, which is why they spent billions trying to protect their search moat.
- anongraddebt 8y agoThis. All things being equal - and assuming similar data quality among competitors - the one with the most data has a stronger strategic position. This is because, all things being equal, more data means a larger number of available choices and insights (I'm making some simplifying assumptions here). Business strategy is fundamentally about trade-offs, though, so we do need a caveat. Naturally, more choices and more insights can, at times, be a weakness. You always have to prioritize, and as data volume increases it doesn't seem the ability for quality prioritization grows in parallel (or at least, necessarily does).