\"According to Philip Evans, in the present day, technology is the major driving
ID: 1167355 • Letter: #
Question
"According to Philip Evans, in the present day, technology is the major driving force and hence the businesses that embrace this and try to create a culture based on big data will ultimately be the winners."
With that being said...do you think there will me more or less decisions being made based on data? If technology continues to be the major driving force for business...how will human interactions, decisions, and critical thinking fair?
https://www.ted.com/talks/philip_evans_how_data_will_transform_business/up-next
Explanation / Answer
To predict demand and human behavior for goods and services. Big collaborated data is helped many businesses to grow their business. Till now collaboration of data globally is large but still not all of data is connected to each other. More we connect the data more correct will be the prediction. So, in future data will be connected more and more decision will made based on data analysis.
As time is passing business decision are becoming more and more complex, even though big data analysis is helping to make business decisions still importance of human interaction and decision and critical thinking is increasing as big data is growing, and this is happening because big data analysis have limitation. Until there is no perfect Artificial intelligence technology like human, importance of human will increase in business with big data.
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