What is Big Data?

Question

simply What is BigData ? it is for Analytics ? how it will impact AI Field. Just share Ur Experience and also How is the situation outside right now about Recession?

Jayraj Chhaya · Answer

Big Data refers to vast volumes of structured and unstructured data that inundate a business on a day-to-day basis. This data can be analyzed for insights that lead to better decisions and strategic business moves. In the realm of analytics, Big Data plays a crucial role as it provides the foundation for predictive analytics, machine learning, and other advanced analytics applications. The impact of Big Data on the AI field is profound. AI algorithms thrive on data, and the availability of massive datasets enhances the accuracy and efficiency of AI models. By leveraging Big Data, AI systems can learn and adapt, leading to more intelligent decision-making processes and automation of tasks. As for the current economic situation, the global landscape is experiencing uncertainties due to various factors, potentially leading to a recession. It's essential for businesses to adapt, innovate, and utilize technologies like AI to navigate through challenging times effectively.

Sam Hobbs · Answer

I think there is no official definition of Big Data . For a definition of it I think we must ask the person using the term. Large amounts of data (big data) have existed for a long time, nearly as long as computers have existed, and before AI existed. Therefore asking how big data will impact AI seems irrelevant to me. AI has existed for many years too. I think an important question is how recent developments in hardware for AI will have an impact on uses of AI. It is the hardware developments that are causing AI to be used more.