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Monday Morning Data Chat
#174 - Ghalib Suleiman - The Zero-Interest Rate Hangover in Data and AI
May 14, 2024
01:01:17
Snipd AI
Ghalib Suleiman, expert in data and AI, discusses the zero-interest rate hangover affecting the industry. Topics include AI hype cycle, challenges for data teams, importance of fundamental problem-solving, ethics of data influencers, evolution of data modeling, market size impact on VC funding, and the role of data in business strategies.
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Quick takeaways
- Data bubble burst due to rising interest rates affecting team sizes and salaries.
- Data refinement crucial despite 'data is the new oil' hype for business impact.
Deep dives
Data Bubble and Interest Rates Impact
The podcast delves into the concept of a data bubble and its progression over the years. Initially driven by interest rates and VC funding, data teams saw exponential growth, leading to a focus on large teams and inflated roles like analytics engineers. However, this boom was short-lived as interest rates rose, leading to a reevaluation of team sizes and inflated salaries.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode