Is there a future for manual (non-machine) data collection?

Is there a future for manual (non-machine) data collection?

Tearsheet's Challengers Conference 2020 - Sept 24, 2020

Technology
Future
Data collection

A lot of different information can be obtained using machine data collection, but it seems ghostly that this is real. Let's say, collecting information on a heap of organizations of a certain subject.
Take, say, 1000 organizations in the subject of investment funds.
There are a lot of variables that need to be collected: date of foundation, stages of investment, declared capital, country of head office , investment spheres, etc.
It is clear that we cannot find everything by a machine method. A lot of it is hidden inside the site, in the context of the offers, on the social networks of these companies. Some of the information will have to be collected using third-party sites (Wikipedia, Webarchive and others).
Is it true that in any case manual collection of information will remain relevant?
In our work we use a mixed type of information collection: more manual, but partially machine. Therefore, I wonder whether it is worth making big bets on technology?

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answers (2)

Answer 1
July, 2021

The question is different - will there appear in the future an aggregator of investment funds and / or other companies. For example, from cyan you can parse information about ads + process it automatically. By companies - there are also various aggregators from which you can collect information (so as not to engage in manual collection of information).

But for now, such aggregators are unlikely to appear in the near future. Therefore, manual collection will remain.

Answer 2
July, 2021

Of course there is. Not all data can be collected and processed correctly by a computer. This is just one way. The only question is the correct application.

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