More Data Beats Better Algorithms - Or Does It?

Source of thought : http://allthingsd.com/20120907/more-data-beats-better-algorithms-or-does-it/?utm_medium=referral&utm_source=pulsenews#

Image + more detail : http://www.michaelnielsen.org/ddi/how-to-answer-a-question-a-simple-system/

Premise : inferior algorithms with more data beat better, sophisticated algorithms with less data.

Concern : knowing everything (all data) means you miss the connection, big picture, sentiment, understanding, wisdom

Normal people : find a balance between collecting, storing, and then filling the gaps but provide insight from what we have