After reading the essay @ryanjamurphy referenced and thinking about it, I have written a summary that maybe useful to people:
—> Start summary
The essay gives an interesting definition on data being properties of objects and events, information being data processed in a more useful form. They are useful in the descriptive function which provide answers to what, when, where, who questions. Knowledge is conveyed in instructions, which answer how-to questions. Understanding is conveyed in explanations, which answer why questions.
Information, knowledge and understanding are grouped together into efficiency, which is not explicitly defined, but is measured relative to a particular objective with regards to how much resources are needed to achieve a certain objective. The value of the objectives is not relevant to efficiency.
However, the value of the objectives is relevant to effectiveness. Effectiveness is evaluated efficiency, or efficiency with respect to a valued outcome.
This is what the essay purports to be the distinction between wisdom and the rest. Wisdom is the ability to increase effectiveness, while intelligence as the ability to increase efficiency (through increasing information, knowledge and understanding).
—> end summary
This illustrates more clearly my disagreement with what is @nickchomey proposes to be valuable. Which also brings shifts my attentions towards this:
I understand what you mean. However, how would you extend to this point to take into account the epistemic role of value in distinguishing between different resolutions of this spectrum of thinking about something ?