Rich Data, Poor Data: What the Data Rich Do - That the Data Poor and the Data
Middle Class Do Not!
Generally speaking, there are two kinds of companies in the world: data rich
and data poor. The richest of the data rich are easy to name: Google,
Facebook, Amazon, Apple. But you don’t need to be at the top of this list
to use data to create value. You need to have the tools in place to turn
information (data) into action. That’s what the data rich do that the data
poor and the data middle class do not.
The Data Rich Treat Data Like Cash
First-party data (the data collected directly from your business activities)
is a core asset, and the data rich treat it like cash. They keep their data
well organized, accessible and as safe as technology permits. The data rich
know that data is a nascent form of currency, and while it is not precisely
fungible, it can be traded.
SteamOS is Valve’s Linux-based solution for bringing gaming to the living
room, the company announced on Monday. The operating system will be available
free to license for manufacturers building “living room machines,” and it
will also be available as a free download to users. Valve has customized
Linux and Steam to facilitate gaming on big-screen TVs. “We’ve come to
the conclusion that the environment best suited to delivering value to
customers is an operating system built around Steam itself,” said Valve.
“SteamOS combines the rock-solid architecture of Linux with a gaming
Opining about the future of AI at the recent Brilliant Minds event at
Symposium Stockholm, Google Executive Chairman Eric Schmidt rejected warnings
from Elon Musk and Stephen Hawking about the dangers of AI, saying, “In the
case of Stephen Hawking, although a brilliant man, he’s not a computer
scientist. Elon is also a brilliant man, though he too is a physicist, not a
This absurd dismissal of Musk and Hawking was in response to an absurd
question about “the possibility of an artificial superintelligence trying
to destroy mankind in the near future.” Schmidt... (more)
Apple CarPlay lets your car display a familiar, iOS-like interface. So too
with Android Auto and its Google Now-ish display. But your new car has a
built-in set of similar features that are ergonomically and technologically
integrated. Should you plug your smartphone into the Apple CarPlay or Android
Auto USB port and connect it to your car’s infotainment system, or just
car-mount your smartphone, plug it into a charger and use it separately?
I recently picked up my new car, which features a very high-tech, dual-screen
multimedia interface. I was forced to purchase the top-of-the-... (more)
[By Graeme Hutton] In my last column, I discussed how Always-On can now be
seen for what it is: a potential biological addiction. In a world where we
are never far away from an electronic, online screen, we increasingly feel an
inner urge to check our emails, social media pages and IM in every
circumstance, despite how inappropriate that situation may be.
The internal impulse to check our messages at such challenging times is
fostered by the brain. By checking our messages in such circumstances, the
brain rewards our apparent furtiveness with a minute release of dopamine.