Value Of Data Quotes & Sayings

It should be noted that even if the high-end estimate of fatalities directly or indirectly attributed to the Boko Haram insurgency were accepted at face value, they would still represent a small percentage of the overall violent deaths that have occurred in Nigeria over that same period of time.... According to UNODC data, Nigeria had 18,422 intentional homicides in 2008, the year after the violently contested elections.... Based on those numbers remaining relatively constant, Boko Haram would constitute approximately 5 per cent of all violent deaths in Nigeria since their peak in fatalities in 2009. — Zacharias Pieri

Once the business data have been centralized and integrated, the value of the database is greater than the sum of the preexisting parts. — Larry Ellison

The cloud is driven by statistics, and even in the worst individual cases of personal ignorance, dullness, idleness, or irrelevance, every person is constantly feeding data into the cloud these days. The value of such information could be treated as genuine, but it is not. Instead, the blindness of our standards of accounting to all that value is gradually breaking capitalism. — Jaron Lanier

Interestingly, one of the biggest problems with most people's personal management systems is that they blend a few actionable things with a large amount of data and material that has value but no action attached. — David Allen

Would-be drug companies must either produce medicines that stand up to federal scrutiny, demonstrate that their data has value to other companies, or go out of business. — Alex Berenson

The value of science is not simply what the next model of the iPod you will buy next week, but its real value comes about when it's time to distinguish reality from everything else. And to be scientifically literate is to be trained in what it is, to recognize your own frailty as a data-taking device. — Neil DeGrasse Tyson

Data matters. It's the very essence of what we care about. Personal data is not equivalent to a real person - it's much better. It takes no space, costs almost nothing to maintain, lasts forever, and is far easier to replicate and transport. Data is worth more than its weight in gold - certainly so, since data weighs nothing; it has no mass. Data about a person is not as valuable as the person, but since the data is so much cheaper to manage, it's a far better investment. Alexis Madrigal, senior editor at The Atlantic, points out that a user's data can be purchased for about half a cent, but the average user's value to the Internet advertising ecosystem is estimated at $1,200 per year. Data's value - its power, its meaning - is the very thing that also makes it sensitive. The more data, the more power. The more powerful the data, the more sensitive. So the tension we're feeling is unavoidable. — Eric Siegel

The more time I spent in Finland, the more I started to worry that the reforms sweeping across the United States had the equation backwards. We were trying to reverse engineer a high-performance teaching culture through dazzlingly complex performance evaluations and value-added data analysis. It made sense to reward, train, and dismiss more teachers based on their performance, but that approach assumed that the worst teachers would be replaced with much better ones, and that the mediocre teachers would improve enough to give students the kind of education they deserved. However, there was not much evidence that either scenario was happening in reality. — Amanda Ripley

When a hacker gains access to any corporate data, the value of that data depends on which server, or sometimes a single person's computer, that the hacker gains access to. — John McAfee

Before Google, and long before Facebook, Bezos had realized that the greatest value of an online company lay in the consumer data it collected. — George Packer

A friend of ours encountered this problem with his home-built computer long ago. He wrote a BIOS that used a magic value in a particular memory location to determine whether a reset was a cold reboot or a warm reboot. After a while the machine refused to boot after power-up because the memory had learned the magic value, and the boot process therefore treated every reset as a warm reboot. As this did not initialize the proper variables, the boot process failed.
The solution in his case was to swap some memory chips around, scrambling the magic value that the SRAM had learned. For us, it was a lesson to remember: memory retains more data than you think. — Niels Ferguson

The key to a solid foundation in data structures and algorithms is not an exhaustive survey of every conceivable data structure and its subforms, with memorization of each's Big-O value and amortized cost. — Robert Love

This suggests that our boding mechanisms depend on our own perception of the other and that therefore our ability to bond with them depends much more on emotional settings than on abstract "humanlike" qualities. For the same reason, it is the very emotionality Commmander Data from Star Trek displays every time it complains about having no emotions that endears it; an emotionless machine would not constantly raise the issues of its own worth, value, and personhood. — Anne Foerst

A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience. — Maurice Allais

The long-term value proposition for cellphone companies isn't just voice conversation - it's transfer of data. — Gary Kovacs

Supported by digital data, new data-driven tools, and payment policies that reward improving the quality and value of care, doctors, hospitals, patients, and entrepreneurs across the nation are demonstrating that smarter, better, more accessible, and more proactive care is the best way to improve quality and control health care costs. — Todd Park

Just as modern man consumes both too many calories and calories of no nutritional value, information workers eat data both in excess and from the wrong sources. — Tim Ferriss

Despite the value of open data, most labs make no systematic effort to share data with other scientists. — Michael Nielsen

The answer to information asymmetry is not always the provision of more information, especially when most of this 'information' is simply noise, or boilerplate (standardised documentation bolted on to every report). Companies justifiably complain about the ever-increasing volume of data they are required to produce, while users of accounting find less and less of relevance in them. The notion that all investors have, or could have, identical access to corporate data is a fantasy, but the attempt to make it a reality generates a raft of regulation which inhibits engagement between companies and their investors and impedes the collection of substantive information that is helpful in assessing the fundamental value of securities. In the terms popularised by the American computer scientist Clifford Stoll, 'data is not information, information is not knowledge, knowledge is not understanding, understanding is not wisdom'.9 In — John Kay

Think of your existing power as the exponent in an equation that determines the value of information. The more power you have, the more additional power you derive from the new data. — Bruce Schneier

What renders a truth meaningful, worthwhile, & c. is its relevance, which in turn requires extraordinary discernment and sensitivity to context, questions of value, and overall point - otherwise we might as well all just be computers downloading raw data to one another.) — David Foster Wallace

What I think is coming instead are much more organic ways of organizing information than our current categorization schemes allow, based on two units - the link, which can point to anything, and the tag, which is a way of attaching labels to links. The strategy of tagging - free-form labeling, without regard to categorical constraints - seems like a recipe for disaster, but as the Web has shown us, you can extract a surprising amount of value from big messy data sets. — Clay Shirky

What Ethereum Is Good For Ethereum is suited to building economic systems in pure software. In other words, it's software for business logic, wherein people (users) can move money (data representing value) around with the speed and scale that we normally get with data.12 Not the three- to seven-day floating period you get with the commercial banking system. Or the fees associated with vendors such as Visa, MasterCard, and PayPal. With a simple Ethereum application, for example, it is fairly trivial to pay hundreds of thousands of people, in hundreds of countries, small amounts every few minutes, whereas in the legacy banking system you would need an entire payroll department working overtime to constantly rebalance your account ledgers and deal with the cross-border issues. — Chris Dannen

The value of having numbers - data - is that they aren't subject to someone else's interpretation. They are just the numbers. You can decide what they mean for you. — Emily Oster

We all say data is the next white oil. [Owning the oil field is not as important as owning the refinery because what will make the big money is in refining the oil. Same goes with data, and making sure you extract the real value out of the data.] — Maurice Levy

EMA research evidences strong and growing interest in leveraging log data across multiple infrastructure planning and operations management use cases. But to fully realize the potential complementary value of unstructured log data, it must be aligned and integrated with structured management data, and manual analysis must be replaced with automated approaches. By combining the RapidEngines capabilities with its existing solution, SevOne will be the first to truly integrate log data into an enterprise-class, carrier-grade performance management system. — Jim Frey

Across our great nation, we've begun to see an acceleration of the power of data to deliver value. — Megan Smith

The world of being is unchangeable, rigid, exact, delightful to the mathematician, the logician, the builder of metaphysical systems, and all who love perfection more than life. The world of existence is fleeting, vague, without sharp boundaries, without any clear plan or arrangement, but it contains all thoughts and feelings, all the data of sense, and all physical objects, everything that can do either good or harm, everything that makes any difference to the value of life and the world. According to our temperaments, we shall prefer the contemplation of the one or of the other. — Bertrand Russell

The user might have grounds for complaint if the program fails to recognise that he has given a stupid value, in fact a number of cases are currently being fought in the United States courts where a program has failed to recognise invalid data, produced garbage and caused a lot of damage. — Rob Miles

The truth is that relative income is not directly related to happiness. Nonpartisan social-survey data clearly show that the big driver of happiness is earned success: a person's belief that he has created value in his life or the life of others. — Arthur C. Brooks

Until, years from now, when it will be noticed that the massive collection and speed-of-light retrieval of data have been of great value to large-scale organizations but have solved very little of importance to most people and have created at least as many problems for them as they may have solved. In — Neil Postman

He handed Mae a piece of paper, on which he'd written, in crude all capitals, a list of assertions under the headline "The Rights of Humans in a Digital Age." Mae scanned it, catching passages: "We must all have the right to anonymity." "Not every human activity can be measured." "The ceaseless pursuit of data to quantify the value of any endeavour is catastrophic to true understanding." "The barrier between public and private must remain unbreachable." At the end she found one line, written in red ink: "We must all have the right to disappear. — Dave Eggers

The value for which P=0.05, or 1 in 20, is 1.96 or nearly 2; it is convenient to take this point as a limit in judging whether a deviation ought to be considered significant or not. Deviations exceeding twice the standard deviation are thus formally regarded as significant. Using this criterion we should be led to follow up a false indication only once in 22 trials, even if the statistics were the only guide available. Small effects will still escape notice if the data are insufficiently numerous to bring them out, but no lowering of the standard of significance would meet this difficulty. — Ronald A. Fisher

As late as 2007, Facebook was still trying to figure out what it wanted to be when it grew up. An advertising space seemed to be the obvious answer, but how that would tap into the massive value of the personal data uploaded to the company every day remained a puzzle. — Kurt Eichenwald

But *why* do clean torture and democracy appear to go hand in hand? This is an important puzzle (though by no means the only one suggested by the data). My explanation for this pattern generally is this: Public monitoring leads institutions that favor painful coercion to use and combine clean torture techniques to evade detection, and, to the extent that public monitoring is not only greater in democracies, but that public monitoring of human rights is a core value in modern democracies, it is the case that where we find democracies torturing today we will also be more likely to find stealthy torture. — Darius M. Rejali

Perhaps the best way to welcome women into churches is not to saddle them upon entry with an array of "shoulds" to add to their lists of commitments. Instead, women need to find a place of support that recognizes the value of their many hats and empowers them to live well into those roles. And right now, the data suggest women are not finding such a place at church. — Barna Group