Cities are finding useful ways of handling a torrent of data | The Economist
Many cities around the country are accumulating data faster than they know what to do with. One approach is to give them to the public. For example, San Francisco, New York, Philadelphia, Boston and Chicago are or soon will be sharing the grades that health inspectors give to restaurants with an online restaurant directory.
One of the challenges of the digital revolution that we’re living through today is its complexity, and the broad range of implications that companies need to wrestle with.
As digital data expands, anonymity may become a mathematical impossibility.
As recently as the year 2000, only one-quarter of all the world’s stored information was digital. The rest was preserved on paper, film, and other analog media. But because the amount of digital data expands so quickly — doubling around every three years — that situation was swiftly inverted. Today, less than two percent of all stored information is nondigital.
Marina Gorbis (Institute of the Future) on how big data will change our future
Sean Gourley, co-founder and chief technology officer of data analytics company Quid, however, underscored the importance of overlaying a human perspective on a machine’s computational outlook. The easiest problems to solve are ones that can be easily quantified. But, Gourley asked in his presentation, should we really only focus on the easiest problems?
A data democracy built to last needs tools that empower everyone to work with data rather than relying on apps and data scientists.
IF iron ore was the raw material that enriched the steel baron Andrew Carnegie in the Industrial Age, personal data is what fuels the barons of the Internet age. Mr. Acquisti investigates the trade-offs that users make when they give up that data, and who gains and loses in those transactions. Often there are immediate rewards (cheap sandals) and sometimes intangible risks downstream (identity theft). “Privacy is delayed gratification,” he warned.
With Big Data, we are creating artificial intelligences that no human can understand
Viktor Mayer-Schönberger and Kenneth Cukier, qz.comExcerpted from BIG DATA: A Revolution That Will Transform How We Live, Work, and Think by Viktor Mayer-Schönberger, Kenneth Cukier.
Computer systems currently base their decisions on rules they have been explicitly…
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