Big Data , Legacy

Read this: Big Data’s Impact in the World – NYTimes.com

Like I said: Data is the new Oil. This is huge, and potentially quite scary, too. And lucrative …?!

Big Data’s Impact in the World – NYTimes.com

"To exploit the data flood, America will need many more like her. A report last year by the McKinsey Global Institute, the research arm of the consulting firm, projected that the United States needs 140,000 to 190,000 more workers with “deep analytical” expertise and 1.5 million more data-literate managers, whether retrained or hired. The impact of data abundance extends well beyond business. Justin Grimmer, for example, is one of the new breed of poliData is new oil gerdtical scientists. A 28-year-old assistant professor at Stanford, he combined math with political science in his undergraduate and graduate studies, seeing “an opportunity because the discipline is becoming increasingly data-intensive.” His research involves the computer-automated analysis of blog postings, Congressional speeches and press releases, and news articles, looking for insights into how political ideas spread.

The story is similar in fields as varied as science and sports, advertising and public health — a drift toward data-driven discovery and decision-making. “It’s a revolution,” says Gary King, director of Harvard’s Institute for Quantitative Social Science. “We’re really just getting under way. But the march of quantification, made possible by enormous new sources of data, will sweep through academia, business and government. There is no area that is going to be untouched.”

i.mediafuturist.com for mobile updates

This post has been read 275 times!

Share This:Share on FacebookTweet about this on TwitterBuffer this pageShare on LinkedInShare on TumblrShare on Google+Pin on Pinterest

Learn about the future

original feedView Feed XML

Learn about me

×
Google+