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When More Data Creates Less Value
Read more: When More Data Creates Less ValueMore data doesn’t always mean more value. When users can’t distinguish trusted, well-maintained data assets from poorly understood ones, uncertainty creates a cost and can erode trust across the entire platform. Drawing on the economic concept of the “market for lemons,” this article explores why organisations should prioritise high-value, usable data products over simply making more data available, and why quality, context and purpose matter as much as quantity.
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The Economics of Data Products in the Age of AI: The Costs We See and the Costs We Shift
Read more: The Economics of Data Products in the Age of AI: The Costs We See and the Costs We ShiftThe cost of a data product goes beyond what it takes to build and maintain it. User effort and opportunity costs matter too. As AI changes how we discover and use data, understanding where these costs sit becomes increasingly important.