Category Archives: Science

On Big Data, Economics, Science, and Predictions

  “…many economists don’t seem troubled when they make predictions that go wrong. Readers of Paul Krugman and other like-minded commentators are familiar with their repeated complaints about the refusal of economists to revise their theories in the face of recalcitrant facts. … Continue reading

Posted in Big Data Backlash, Data Science, Predictions, Science | 2 Comments

Big Data Is Neither An Atomic Bomb Nor A Holy Grail

Albert-László Barabási, a physicist and well-known expert in network analysis, published last week an op-ed calling for his fellow scientists to spearhead “the ethical use of big data.” Barabási accuses the NSA of breaking “the traditional model governing the bond between science … Continue reading

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Leon Wieseltier and Steven Pinker Debate the Quantified Society

“We are becoming a massified, datafied, quantified society, which looks for wisdom in numbers and thinks that numbers can provide certainty… owing to the explosion of so-called big data there has developed excessive confidence in the ability of the quantified … Continue reading

Posted in Big Data Analytics, Big Data Bubble, Data Science, Science, Social Impact, Text Analytics | 1 Comment

Big Data Observations: The Science of Asking Questions

“I am a firm believer that without speculation there is no good and original observation”—Charles Darwin “It is the theory that determines what we can observe”—Albert Einstein “I suspect, however, like as it is happening in many academic fields, the … Continue reading

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Big Data Quotes: Einstein, Come Back When You’ve Got Data

“Big data is what happened when the cost of storing information became less than the cost of making the decision to throw it away”—George Dyson (quoted by Tim O’Reilly) “If the engineers have their way, every idea, memory, and feeling—the … Continue reading

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