CHAPTER 4

How Big Is Big Data?

Big Data is big. It is so big that we reduce the term to a singular noun rather than its proper plural counterpart. It is big enough to create a myth surrounding itself.

Myths are notoriously self-referential. Although Big Data is just an input to AI, it is viewed as having a life of its own. The myth is exemplified by a few statistics.

The Big Data analytics market is set to reach $103 billion by 2023.

Internet users generate about 2.5 quintillion bytes of data each day.

A person needs 181 million years to download all Internet data.

In 2020, there will be around 40 trillion gigabytes of data.

What statistics reveal is suggestive and what they conceal is essential. Size numbers are impressive. Many come ...

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