Data apocalypse is coming unless you buy AI, declares AI biz

On Thursday, Moogsoft, maker of an AI platform for IT automation, invited a few corporate customers and like-thinking vendors to testify to the saving grace of AI-driven IT automation. CEO Phil Tee opened the second annual AIOps Symposium by questioning the pursuit of data. Enterprises gather 44TB of data daily, he said, and that's set to increase forty time over the next decade. Yet very little meaningful information comes from those bits and bytes, he insisted. "The more data you have, the more data you need to understand the data you have," said Tee. "You are engaged in a data ponzi scheme."