How Power is Harvested From Data

How Power is Harvested From Data

How Power is Harvested From Data. We have all heard of the saying that knowledge equals power and it’s true. Whether you’re thinking of Facebook, Google, Amazon or the Government, they all have power because of their knowledge.

Think of the most powerful people and companies. What do they all have in common?

We have all heard of the saying that knowledge equals power and it’s true. Whether you’re thinking of Facebook, Google, Amazon or the Government, they all have power because of their knowledge.

But how did they get that knowledge?

The often overlooked part of the statement knowledge equals power is how to gain knowledge in the first place. It isn’t something you just have, you have to go out and obtain it. So how do they do it?

They collect and use data.

All of the tech giants start by collecting data and then turn that data into knowledge. Then, because of the things they know, their power grows. It isn’t just tech giants though, this is how governments run and in most cases how government leaders get elected in the first place.

Do you think Donald Trump just happened to become president of the United States?

He got there because he (well his team) collected data about citizens of the US, converted it to knowledge about which areas and even people could be swayed to vote for Trump which in turn, gave him power.

Let’s look at the good and bad of this data trend and why if you’re looking for a career path, a safe bet is one in the realm of data.

big-data data-science business technology data

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