Martin Luther King, Jr. had many dreams. A unifier and peaceful warrior whose warmth and strength made him a compelling leader, he may also have foreseen the future— as we know it today—while writing his last book, Where Do We Go from Here: Chaos or Community?, which was published nearly half a century ago. With our current social systems […]
Nathan E. Wineinger, Ph.D., a research scientist at Scripps Genomic Medicine discusses how mhealth data is moving towards big data at a rapid pace at the recent BigData@UCSD workshop last month. Mobile health (mHealth) technologies allow for the generation of intensive care unit medical information, literally, in the palm of your hand. A smart phone can be transformed into a mobile […]
Here’s a simple rule for the second machine age we’re in now: as the amount of data goes up, the importance of human judgment should go down.The previous statement reads like heresy, doesn’t it? Management education today is largely about educating for judgment—developing future leaders’ pattern-matching abilities, usually via exposure to a lot of case studies and other examples, so […]
“The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.”-Seth KlarmanEvery investor I’ve ever known, has, at one time or another, told me that they often know they should buy or sell a stock, but just couldn’t get around to acting. It was as if an invisible force was […]
For all its hype as a potential panacea for companies everywhere, Big Data isn’t necessarily useful data. All the analysis in the world isn’t helpful if, in the end, you can’t figure out what your data actually indicates. Gleaning information by interpreting and recognizing patterns in the data, and then deciding on a course of action, is sort of hard. […]
Social media came to a much different initial verdict about the first presidential debate than did the early polls and the conventional press, according to an analysis of the conversation on Twitter, Facebook and blogs by the Pew Research Center’s Project for Excellence in Journalism. On both Twitter and Facebook, the conversation was much more critical of Mitt Romney than it […]
Big Data Be Damned, The Web Still Needs a Human Touch | PandoDaily
Erin Griffith
Erin Griffith covers New York startups for PandoDaily. She’s worked as staff writer for Adweek and a private equity blogger for peHUB. Her writing has appeared in Venture Capital Journal, BBC.com, Time Out New York, Huffington Post, FT.com, and BUST. She plays keyboard in a band called Team Genius and Tweets […]
Jesse Livermore described the emotions of hope, greed and fear at various times as:* The speculator’s chief enemies* His natural foes* The speculator’s deadly enemiesLivermore’s views on hope and fear lie at the heart of successful trading. He describes how traders fail when they allow hope of recovery to prevent them cutting their losses and fear of losing a small […]
