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Monday Morning Data Chat

#118 - Unlocking the Value of Unstructured Data with AI w/ Cody & Will (Coactive.ai)

Mar 21, 2023
Cody Coleman and Will Gaviria Rojas, co-founders of Coactive.ai, discuss the rising importance of unstructured data and the role of AI. They explore challenges and considerations in unlocking the value of unstructured data, the future of working with it, and the evolution of databases and deep learning. They also touch on generative AI and future possibilities.
01:00:42

Podcast summary created with Snipd AI

Quick takeaways

  • Efficient storage methods such as using binary formats can optimize performance when dealing with unstructured data.
  • Prioritizing data quality over quantity can be a more effective and cost-efficient approach to unlock value from unstructured data.

Deep dives

Optimizing storage and data management for unstructured data

One of the key challenges in unlocking the value of unstructured data lies in optimizing storage and data management. With the vast amount of content and data, it becomes crucial to find efficient ways to store and access this information. Traditional approaches such as storing images or multimedia files on object stores like S3 may not be sufficient for efficient traversal and search. Compiling these files into binary formats like LMDB, HDF5, or Parquet files can significantly improve performance by reducing data size and minimizing network reads. Additionally, with the increasing speed of AI accelerators, the storage layer needs to keep up with the pace to fully utilize these powerful computational resources.

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