Arize AI co-founder Aparna Dhinakaran and Monte Carlo CTO Lior Gavish discussed the evolving relationship between data and machine learning (ML) infrastructure. They highlighted key differences between data observability and ML observability, emphasizing that both are necessary for modern data practices. Observability goes beyond monitoring by enabling teams to understand why problems occur and how to resolve them. Building trust in data and ML requires investing in systems that help resolve issues faster. Treating data and ML as real-time products can lead to better value extraction. Service-Level Agreements (SLAs) and reliability benchmarks are becoming more commonplace in the world of data and ML, while troubleshooting will likely become easier over time.