Apr 05, 2024 1:02 PM
Replying to Keith Novak
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I would argue that it is a bit of a, "Which came first, the chicken or the egg?" dilemma.
Data by itself is meaningless. Is one unit of something important or not? It is only when data is interpreted that it becomes information which may be useful. Gathering data requires a process as does interpreting it whether it be an explicit process like AI algorithms or implicit like heuristics. Flaws in either result in unreliable information.
Even when a process is developed to produce repeatably correct results, it requires data to confirm correctness at the outset, and that the process remains "in control". The elements within the process may change with time, like a machine that slowly drifts out of tolerance, and the external environment may change affecting the inputs to the process.