Chapter
The Power of Data in Today's World
1:14:07 - 1:18:28 (04:20)
The power of data is becoming increasingly important in today's world as it becomes the driving force behind major tech companies and their business models. While Google and Facebook may claim a monopoly on data, the true value lies in the ability of data to do things.
Clips
This episode explores the balance between efficiency and creativity, arguing that the desire for efficiency can sometimes stifle creativity and lead to a focus on data over human talent and persuasion.
1:14:07 - 1:15:25 (01:18)
Summary
This episode explores the balance between efficiency and creativity, arguing that the desire for efficiency can sometimes stifle creativity and lead to a focus on data over human talent and persuasion.
ChapterThe Power of Data in Today's World
Episode#049 - Rory Sutherland - Psychology In The World Of Advertising
PodcastModern Wisdom
This episode discusses the complexity of data usage and credit scores.
1:15:25 - 1:17:28 (02:02)
Summary
This episode discusses the complexity of data usage and credit scores. The discussion goes on to mention how data analytics or data peddling has become big business.
ChapterThe Power of Data in Today's World
Episode#049 - Rory Sutherland - Psychology In The World Of Advertising
PodcastModern Wisdom
The speaker argues that a human should watch the footage from a dashcam and determine whether or not a fine should be issued instead of a machine algorithm.
1:17:28 - 1:18:28 (00:59)
Summary
The speaker argues that a human should watch the footage from a dashcam and determine whether or not a fine should be issued instead of a machine algorithm. The speaker provides an example of a situation in which the context should be taken into account when reviewing footage.