The value of data
Eventually all that data wont be worth much.
Of course the data is not worth very much. You know that. I know that. I think a lot of IT people know that. But we aren't the ones that dictate "value". Valuations are set by marketing people and gamb...^H^H^H^H^H investors.
Good, useful data has a value of course. But it's difficult to believe that the vast heaps of disorganized information being collected by every commercial or government operation that can spell dataset have much real utility. Or that what little value is there is worth the cost of collecting storing and mining the data.
Sooner or later, this Big Data thing will quite likely come crashing down. Looks like it might be sooner. Good.
Biting the hand that feeds IT
