Thought Leadership
Early Reflections on Data Universe 2024
As I head out of New York City, on my way home and fresh from the whirlwind of Data Universe 2024, I thought I’d share a few initial takeaways.
The Heart of AI Success: The Data Layer
A central theme that resonated throughout the event was the unequivocal link between AI success and a robust data layer. This isn’t just a well-known fact reiterated; it was palpable in the focus of nearly every vendor and startup present. An overwhelming majority are honing in on creating a semantic layer and fostering data federation. The approach is clear: let the data reside where it originates but employ sophisticated middleware to weave these disparate sources into a coherent, accessible fabric.
The Emergence of Data as a Service
What’s becoming increasingly clear is that traditional data handling methods, like those seen with tools such as Tableau, are evolving. These methods, akin to searching through a library for a single book, are giving way to more dynamic, fluid systems. Users are looking for intelligent agents that can not only retrieve, but also interpret and summarize data from an array of sources—-not just confined to one “library,” but capable of transcending multiple systems.
The Conversational AI Paradigm
The interaction with AI is set for a transformative shift. The days of being shuffled from one chatbot to another without receiving an answer are numbered. The future lies in AI systems that can seamlessly navigate through various data sources to provide not just answers, but insights, drawing from a tapestry of information at a moment’s notice.
Who’s Shaping the Future?
The conference was not just a gathering of technical minds, but also of thought leaders and decision-makers from across the spectrum. From big names in the financial sector to innovative startups, the attendees and speakers are the vanguard of data analytics, setting the direction for future developments.
The Human Aspect of Data Analytics
David McRaney’s session prompted some deep thoughts relevant to data practitioners. One takeaway is that we don’t necessarily need more data, we need more arguments (done with humility, not hostility). This is how we discover where we might be wrong about something vs. gathering more facts with confirmation bias.
McRaney also shared the “E=MC^2” of psychology: people fear social death more than physical death. Changing my mind risks losing my tribe, which means living with long-term emotional pain of lost relationships.
Hottake: what if changing my mind about the best software solution means changing my social group? What if exploring new technology leads me away from the datafam and Tableau community I’ve grown to love? Is this a barrier to growth in my career or our company?
Moving Forward
Data Universe 2024 has left me with lots to ponder: from the technical advancements in AI and data management to the philosophical underpinnings of our work. As we move forward, the challenge will be to integrate these insights into strategies and operations, ensuring that our technological choices are not just effective but also wise.
Let’s continue the conversation and explore how these innovations will shape the future of data analytics. Stay tuned for more of my post-conference thoughts.