It is always such an enriching conversation talking to top veterans at Gartner which in my opinion is hands down world’s best research company. Don’t miss my conversation with Doug Laney on Wednesday, Feb 24th, 2021 on Psyda Podcast.
Doug Laney is Amazon’s best-selling author of ‘Infonomics: How to Monetize, Manage, and Measure Information as an Asset for Competitive Advantage’. It was selected by CIO Magazine as the “Must-Read Book of the Year” and a “Top 5 Books for Business Leaders and Tech Innovators.”
Doug previously has served as a Distinguished Analyst with Gartner’s Chief Data Officer research and advisory team and was a three-time Gartner annual thought leadership award recipient. In addition, he launched and managed the Deloitte Analytics Institute, is a Forbes contributing writer and has been published in the Wall Street Journal and the Financial Times among other media outlets.
Doug has taught at major business schools around the world e.g. University of Illinois Gies College of Business and Carnegie Mellon’s Heinz College where he teaches Infonomics and other top courses, available online via Coursera with an enrollment of over 17000 people.
He co-chairs the annual MIT CDO/IQ Symposium and is a member of the World Economic Forum’s data exchange initiative.
Video Link: https://youtu.be/HDQAJvSE22U?list=PLtluUSnvgbdF7MlqjX5-IVMCkFGTrEWlz
Audio Link: https://anchor.fm/minhaaj/episodes/Infonomics-with-Doug-Laney-er0kjl
Timestamps of the Conversation:
00:00 intro
01:10 Space Pajamas, Moon Landing and Infonomics
03:35 Data Monetization, Data Governance and Infonomics for Dummies
04:43 Highways England Case Study in Forbes, ROI Evaluation and Methodology
08:40 Cost of Data Acquisition, Big Four and GAAP
22:21 Netflix, Data Cost Evaluation and Process
17:40 WSJ Quote ‘Furniture vs Data’ Accounting and 9/11 Data Insurance Claims
22:36 Chicago Cubs, Stats and Freemium Model
28:20 ETL Pipelines, Linkedin Outage, Monetary Consequences of Downtime
30:14 Data Science Still the Sexiest Job? Data Scientists or Data Engineers?
33:12 Infonomics in Journalism, Politics, Polarity and International Relations
36:10 Congressional Hearing of Big Tech CEOs, Infonomics in Corporate Ethics
39:10 Minhaaj vs Doug. Probability of winning Tennis or Golf Match
41:42 Asian and Latin American Food and Flat-footed Marathon
42:50 Future Technologies, DNA Storage, Quantum Computing and Carbon NanoTubes
45:50 Bitcoin Investment, Gold Standard and Faith
47:35 Digital Twins, Decentralized Architecture for Organisations and Future of Management
48:30 On-Prem vs Cloud – AWS or Government
50:38 Open Source Collaboration, Data Privacy and Infonomics
53:30 Gauge theory, Micro/Macro Economics and GDP
57:00 Tax Deductible vs Barter Exchange Profits
58:00 Bill Schmarzo, John Ladley and Gary Backer
01:10:16 Multidisciplinary roots of Infonomics, ISO Standards, Library Sciences etc
01:02:16 Warren Buffet, Stock Markets and Infonomics Applications
01:04:15 Data is NOT the Oil, Economist Article is Wrong
01:37:50 CIO talk with Dave Vellante and Data Valuation of American Airlines. Enron Debacle
01:08:21 OpenAI’s GPT3 Hypocrisy, WikiEducator and Big Tech Profiteering
01:10:50 Apple and Facebook catfight on Data Privacy and Australian Delisting
01:14:20 Tradewars, US vs China and Trump Administration
01:16:50 Teaching at Coursera, Corporate vs Academics and Nobel Prize
01:19:50 CIO, CDO and CTO. The Nomenclature Overlap
01:22:30 Kushim, First known Human, Accountant and Infonomics
01:25:20 Snowden, NSA and Social Media Consumption
01:29:30 SpaceX Mission to Mars and Doug’s Ticket
01:30:30 Man in Space Nostalgia with Mars Landing and Doug’s Father
01:31:39 Communicating Innovative Ideas and Importance of Writing
01:32:50 Data Storytelling and Bigger Picture of Historical Fiction
01:35:10 Advice for Data Scientist, Value of Animation, Predictive and Prescriptive Analytics
01:39:20 College Student Debate Against AI Bot and IBM Watson Quiz Competition Victory
01:42:00 Tesla, Manual Control and Machine Ethical Decision
01:40:30 Neuralink, Biochips and Physical Enhancements
01:48:30 Human Mortality becoming a Choice
Doug’s Profile: https://www.linkedin.com/in/douglaney/
Full Episodes Playlist link: https://bit.ly/3p2oWJA
Clips Playlist link: https://bit.ly/3p0Qmzs
Apple Podcast Link: https://apple.co/3v0YZxV
Google: https://bit.ly/3s5vDwc
Spotify: https://spoti.fi/3H6jqf0
Minhaaj Rehman is CEO & Chief Data Scientist of Psyda Solutions, an AI-enabled academic and industrial research agency focused on psychographic profiling and value generation through machine learning and deep learning.
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