There's a big difference between data-efficiency and information-efficiency. We could make considerable progress on the former without even starting to approach the latter -- and never realize our fundamental mistake.
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Working on "data efficiency" typically means finding new hacks to increase the amount of information we can extract from the same data. But "information efficiency" is an entirely unrelated concept: how to efficiently and effectively make use of information
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You have to play an optimization game which is: 1. Maximize information 2. Minimize Data That's all, folks!
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I kind of disagree, even when I do agree on the importance of understanding this topic. The statement implicitly assumes that there is an entity (agent) receiving the data and extracting information. In that sense information is subjective to the agent 1/
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I believe that in general we use 'information' in the objective and subjective ways and both are correct. The data being noisy or not is subjective; conceptually, all data (including white noise) is information for the right receiver since it has a causal link with its source 2/
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