🎲 "328.77 million terabytes of data are created each day."
AI data and trends for business leaders: #2024-02 | AI systems series
📌 In 2023, according to the latest estimates, 328.77 million terabytes of data are created each day. In fact, it is estimated that 90% of the world's data was generated in the last two years alone. And By 2025, this figure is expected to skyrocket to a staggering 181 zettabytes.
📌 120 zettabytes of data will be generated by the end of the year.
We are still far from full data exploration (size, quantity, and accuracy, in order to better understand the nature of the data).
📌 Open-source standards and open data formats should be more exploited to enable new business data architecture and critically ameliorate the advantage over the existing architectures.
📌 Through the emergence of a new class of AI applications, often built on top of generative AI, the value brought by their use remains unanswered without high-quality, easily accessible, and abundant data.
But whatever happen, business leaders need to understand that:
Data transformation era is happening now
Perspectives for defensibility
Growth and resilience
Barriers to scale in a complex environment
Acquire new visions for a challenging future: AI technologies, democracy, and culture
Continue exploring
Workbook: Building a sustainable data-driven organization, part 1
Hello, This workbook is based on conversations with AI startup founders and engineers. We present it as an evolving planner to help founders and leaders integrate the central notions of building a sustainable data-driven organization. There are many ways to build business solutions and tools with AI, including open-source models, LLMs, training models, fine-tuning, or using hosted APIs, all from scratch. But we also see a surge of interest in data-driven business acquisitions among large companies. It entails buying an existing solution, not starting it from zero, with the potential for more autonomy and ownership.
🎲 Data and trends
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