Metadata
- Author: Arthur Turrell
- Full Title:: Data Science With Impact
- Category:: 🗞️Articles
- Document Tags:: Data Team Vision and Mission,
- URL:: https://aeturrell.com/blog/posts/data-science-with-impact/?utm_source=substack&utm_medium=email
- Finished date:: 2024-02-19
Highlights
Jack’s point was that inflation as measured by the UK’s Office for National Statistics (ONS) is measure of the change in average prices not a measure of the change in the lowest prices. She gave some examples from her own experience, like a budget bag of pasta increasing from 29p to 70p (View Highlight)
When creating a portfolio of data science projects, you should think about it like any other portfolio. Some projects may be more risky, but have a higher potential pay-off. Some will be dead certs but with limited upside. Rightful scrutiny of how money is spent means that very few have the luxury of only going for high risk, high reward projects. (Although you can see this is how some industries end up being more dominated with the relatively better off—they have a safety net.) Being pragmatic, you’ll need a mix of projects to keep everyone happy. (View Highlight)