Friday, August 5, 2016

The impact of data in our world today.

Suhail Doshi, co-founder and CEO of Mixpanel gives an insight into how data is changing the way we live,do business and even our choices.There are so many applications where people are using data to create interesting machine learning models that can automate things such as car automation, anomaly detection, facial recognition, etc. The use of data in determining who will win contests or elections at astonishingly high accuracy is really interesting, this is changing the tactics people are using to win.Music is becoming more data-centric these days. If you’re a musician, the world is completely transforming from selling units in the store and seeing your spot on the billboard 100 to the number of streams and plays you get from YouTube, Spotify, or Soundcloud in order to drive distribution and improve brand recognition. I think the music industry will become much more quantified. The advent of people being able to create new kinds of hardware easily, we’re starting to see new applications of automation that didn’t exist before. The combination of that with the internet being almost everywhere is making it possible to log data about anything. This shift; digital inclusion is leading to all kinds of new insight that we haven’t had before, there are some companies now automating aspects of agriculture, which makes it easier to be much more data-driven thus increasing the possibilities in that industry.Adopted from Quora.

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