3 ms·
> "we just need a couple of 2x improvements in data efficiency, and we’re golden”" 100,000x is only seventeen 2x improvements. This[1] says world volume of dat
by jodrellblank 3y ago
> "we just need a couple of 2x improvements in data efficiency, and we’re golden”"
100,000x is only seventeen 2x improvements. This[1] says world volume of data doubles every two years, citing a 2016 McKinsey study as the source. That puts it 34 years away. 2056. This[2] says the estimated compound growth rate of data creation is around 61%, that's a doubling time of 1.32 years and puts it 22 years away. 2045.
It's not tomorrow, but it may not be all that far away.
[1] https://rivery.io/blog/big-data-statistics-how-much-data-is-there-in-the-world/ https://rivery.io/blog/big-data-statistics-how-much-data-is-...
[2] https://theconversation.com/the-worlds-data-explained-how-much-were-producing-and-where-its-all-stored-159964 https://theconversation.com/the-worlds-data-explained-how-mu...