Why Industry 4.0 will require us to change the way we think of managing 'Big Data'

The European Commission, an executive of the European Union, has announced it will be more than doubling its investments in artificial intelligence (AI). The commission will increase spending on AI by 70%, reaching €1.5bn (US$1.81bn) by 2020, in a bid to compete with Asia and the US, which are both investing at least three time as much.