26min chapter

High Signal: Data Science | Career | AI cover image

Episode 9: Why 90% of Data Science Fails—And How to Fix It -- With Eric Colson

High Signal: Data Science | Career | AI

CHAPTER

The Power of Experimentation in Data Science

This chapter explores the critical role of experimentation and trial and error in data science, emphasizing how high failure rates can lead to significant breakthroughs. It contrasts traditional planning with an experimental culture that fosters rapid iteration and innovation using small-scale testing like A/B tests. The discussion underscores the importance of utilizing historical data and smaller samples to effectively manage the risks and rewards of data-driven decision-making.

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