I've been exploring data / information / knowledge / wisdom management a lot over the last couple months. I was surprised to discover how little consensus there is over the meaning of each of those terms. Or rather, subfields seem to have different takes on the meanings. "Data" and "information" I can kinda pin down. "Knowledge" and "wisdom" much less. Hayek in this article for instance does not seem to ever define what he means by "knowledge". Reading between the lines, he seems to think of it as being able to use data and information to make effective / economical decisions.
It's especially unfortunate that writers assume everyone is on the same page about what "knowledge" means because the meaning of the term seems to have changed a lot over the last few hundred years.
It's especially unfortunate that writers assume everyone is on the same page about what "knowledge" means because the meaning of the term seems to have changed a lot over the last few hundred years.