January 2

21st Century Living

Wednesday’s Big Idea

Today's Big Idea: Big Data

We have generated a huge amount of information, which is very cheap to collect. But we are now able to see patterns and develop a new understanding of data. This gives us the potential to change our behavior.

As 80 percent of all humans own some sort of mobile phone, the amount of data we are creating is exploding. This so-called data exhaust can be just that -- exhaust and noise -- but it can also be collected and analysed, and then utilized as one of the most powerful assets in the 21st century economy. 

That's the view of tech giants such as Google, Facebook, Twitter and Amazon, and organizations such as the World Economic Forum. Big Data is becoming as powerful an asset as oil, and it will be the source of many high quality jobs in the near future. Amazon, for instance, has formed relationships with 350 universities around the world to train a workforce 190,000 people in the field of advanced Big Data analytics. 

So given the promise of Big Data, what do we all need to know about it and how will it impact our lives? How is it changing the way we see ourselves? Should we fear it or embrace it?

 

  1. 1 Big Data is Neutral: A Tool for B...
  2. 2 What Science Can Learn from the A...
  3. 3 Big Data and the Moneyball Economy
  4. 4 “Big Data, Better Workforce”
   
  1. Big Data is Neutral: A Tool for Both Good and Evil

    Big Data is Neutral: A Tool for Both Good and Evil

    Big Data is becoming as powerful an asset as oil, and it will be the source of many high quality jobs in the near future. 

    Read More…
  2. What Science Can Learn from the Arts: Data, Visualization, Design

    What Science Can Learn from the Arts: Data, Visualization, Design

    "Being able to understand science is to create metaphors," says Bly, founder of SEED magazine. "Our metaphors become profoundly more rich when scientists interact with artists and engage the arts community in the kinds of ideas that they’re navigating."

    Read More…
  3. Big Data and the Moneyball Economy

    Big Data and the Moneyball Economy

    Big Data can become the key to unlocking growth for smaller companies throughout the U.S. economy.

    Read More…
  4. “Big Data, Better Workforce”

    “Big Data, Better Workforce”

    Everywhere you look you see organizations tapping big data to make more informed decisions.

    Read More…