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DataFramed
#250 How Data and AI are Changing Data Management with Jamie Lerner, CEO, President & Chairman at Quantum
Oct 7, 2024
48:28
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Jamie Lerner, President and CEO of Quantum, dives into the transformative power of AI across various sectors, from entertainment to healthcare. He discusses how AI is reshaping video production with automated subtitling and enhances data management strategies for competitive advantage. Ethical implications of facial recognition are explored, as well as the urgent need to optimize storage solutions for massive amounts of data. Lerner emphasizes viewing data as a strategic asset, highlighting the potential of unstructured data in driving impactful insights.
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Quick takeaways
- The rise of AI is prompting a shift from data disposal to data retention, highlighting the importance of maintaining extensive archives for competitive advantage.
- Integrating effective metadata management is essential for maximizing insights from large video datasets, ensuring organizations can efficiently analyze and utilize their data.
Deep dives
The Shift to Data Preservation
Organizations are transitioning from a 'data throwout' policy to a 'keep everything' approach due to the growing realization of data's long-term value. This shift is significantly influenced by the rise of artificial intelligence (AI), which has heightened the need for large datasets for effective machine learning. Companies that previously discarded older data are now recognizing that maintaining an extensive archive can offer competitive advantages, such as insights from historical trends. As a result, there is a pressing need for updated data management architectures to support this new strategy.
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