Tuesday, February 9, 2010

Data, Information, Knowledge, and Wisdom

What is data? (symbols) Facts (number/text) neutral, not relate to a specific purpose. It does not have meaning of itself. In computer parlance, a spreadsheet generally starts out by holding data. People can interrupt the same data in different ways.

What is information? (data that are processed to be useful)Information is derived from the data. Explaining what the data means from a particular point of view. There is a purpose that is user related.

What is knowledge? (application of data and information; answer “how?”) Knowledge knows how to convert data into information, also interpretation of data and information. It takes knowledge to even know how to collect data. Experience is also an example of knowledge. (Ability, experience, know how, something that you have learned). Knowledge is ubiquitous. Knowledge is some kind of problem and a decision that needs to be made.

What is wisdom? People can be both knowledgeable and stupid, but still have wisdom. They have some kind of perspective. How you use data, information, and knowledge in time/space. Wisdom level is limited. Space is one too many variables/perspective. Bounded rationality, Herbert Simon, explained wisdom in relationship to space and time. Settle with satisfying solution, limited in every way, accessibility, time, knowledge so we are bounded as human beings. Wisdom encompasses everything (data, information, and knowledge) being well rounded. It beckons to give us understanding about which there has previously been no understanding, and in doing so, goes far beyond understanding itself. It is the essence of philosophical probing.

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