Data, Pattern, and Meaning (of life)
I’ve learned a few exciting nuances of data analytics through my experience with Python Pandas and Jupyter Notebook. Suddenly, a bunch of numbers transformed into a story of past, present, and future. In this article, over ten different roles are discussed in relation to successful data-driven business architecture.
Some of the noticeable roles are
Data/AI Engineer: Data/AI Engineers build and manage data pipelines, ensuring the availability of relevant data for various organizational roles. They are responsible for curating data sets, operationalizing data delivery, and maintaining data governance and security compliance.
Data Scientist: Data Scientists model business problems, discovering insights through quantitative disciplines, and using visualization techniques to present findings. They contribute to the development of the organization’s data infrastructure and provide insights for decision-making processes, often through predictive and prescriptive analytics
Artificial Intelligence/Machine Learning Developer: AI/ML Developers infuse applications with AI capabilities, integrate, and deploy AI models developed by data scientists or provided by service providers. They are skilled in data collection and preparation for model training, API management, and containerization.
Insight, Insight, Insight
All three roles require insights on data to varying degrees, but I would say that the Data Scientist role is most intensively focused on gaining insights from data. Data Scientists use advanced statistical, algorithmic, and data mining techniques to model complex business problems, discover insights, and present these findings for decision-making processes. They specialize in transforming data into actionable knowledge, which often involves creating predictive or prescriptive models to guide business strategies.
This article talks about two different mindsets on data analytic practice.
Deductive reasoning is a top-down approach. Professionals using this approach typically start with a clear understanding of the organization’s objectives and strategy, formulate performance indicators, and then ask specific business questions. They design a data model structured to answer these questions, gather and load the necessary data into that model, and then use this model to answer the questions. This approach is rigorous and systematic, resulting in a solid strategy review that can validate if the organization is on the right track.
Inductive reasoning, on the other hand, is a bottom-up approach. It begins with sets of data, with the goal of discovering unknown insights within them. This approach does not start with a specific question or a rigid data model, but rather it explores the data using various types of analytics, looking for meaningful results. The results can include noise, obvious findings, and new insights, often emerging from the combination of different types of data. Data science and new styles of data management, such as data lakes, utilize this approach.
Becoming philosophical, all of a sudden.
During my college years, I was attracted to a particular branch of philosophy: Existentialism. It posits that existence precedes essence, suggesting that we exist first and only later define our essence or meaning through our actions.
I realized Inductive Reasoning aligns more closely with the existentialist viewpoint. Here, existence (data or evidence) precedes essence (conclusions or theories). Inductive reasoning starts with specific observations or data – raw, undefined existence. Through analysis of this data, patterns are observed, and conclusions are drawn, creating the “essence” or meaning. This reflects the existentialist view of forging our essence through our experiences or actions. We exist first, experience life (gather and analyze data), and from those experiences, derive our essence or meaning (conclusions or theories).
Insightful AI for Meaningful Interpretation
Essentially, we are looking for hidden meanings in data. An insightful data scientist will notice the complex pattern and pull all evidence together to grant significance to it. Is AI capable of assigning meaning to data?, and to the extent, will it convey purpose to individual life once it collects the data from 5 billion people on Earth?
Would you mind sharing the answer with me?