In 2020 every human created 1.7MB of data per second.
By end of 2020 there were 4bn email users sending more than 300bn emails 500mn tweets everyday.
By 2021 there were nearly 4.66bn active internet users which equates to roughly roughly 60% of the population.
This comes amid the cost holding and storing data has reduced drastically. Cloud services have seen a massive uptick especially since the start of the Pandemic. The pandemic accelerated the pace of digitization made the internet a necessity more than a luxury. In recent times there is no business which can survive without having an online presence in some form which creates massive amount of data.
Technologies like AI are succeeding in creating value today because of the large amount of data available to them to create predictions and know your habits. AI is not here to replace humans, it is here to replace humans who do not know how to use AI.
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