Although learning from data is effective and has achieved significant milestones, it has many challenges and limitations. Learning from data starts from observations and then proceeds to broader generalizations. This framework is controversial in science, yet it has achieved remarkable engineering successes. This paper reflects on some epistemological issues and some of the limitations of the knowledge discovered in data. The document discusses the common perception that getting more data is the key to achieving better machine learning models from theoretical and practical perspectives. The paper sheds some light on the shortcomings of using generic mathematical theories to describe the process. It further highlights the need for theories specialized in learning from data. While more data leverages the performance of machine learning models in general, the relation in practice is shown to be logarithmic at its best; After a specific limit, more data stabilize or degrade the machine learning models. Recent work in reinforcement learning showed that the trend is shifting away from data-oriented approaches and relying more on algorithms. The paper concludes that learning from data is hindered by many limitations. Hence an approach that has an intensional orientation is needed.