A group of British researchers believe they can harness the power of Wikipedia and Google searches to predict whether the economy’s going to go up or down.The research comes just a few months after Google Search’s Big Data was dismissed as a predictive tool, following reports that Google Flu Trends was well off the mark when it came to guessing […]
Maya Kosoff
Jul. 29, 2014, 3:24 PM
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Researchers from Boston University and Warwick Business School have found a way to identify what people are Google searching right before […]
Five Reasons Why Big Researchers Should Lead in Big DataBig Data is getting bigger. The Information Age is chugging on, creating vast swathes of rich data on all facets of private and business life. In its wake, the world is coming to terms with what this means in terms of potential and practicality. This new world offers so much opportunity, […]
Tim Harford for Financial Times on big data and how the same problems for small data still apply:The multiple-comparisons problem arises when a researcher looks at many possible patterns. Consider a randomised trial in which vitamins are given to some primary schoolchildren and placebos are given to others. Do the vitamins work? That all depends on what we mean by […]
The Food and Drug Administration is soliciting bids for a contractor that will monitor social media and map out the peaks and troughs of drug and medical device risk-based chatter. The FDA is targeting blogs, forums, message boards, wikis, and podcasts as potential new opportunities to engage the public.The focus of the project will be to help the FDA evaluate […]
Ah, porn. The reason incognito mode was invented. A new paper offers an instructive look into the fascinating perusing habits of warm-blooded Internet users, and compiles all that revealing data into useful charts. (Hat tip to The Atlantic and Wired.)We’ve seen before how porn sites use data to deliver targeted advertising. But this study’s aim is a bit different. The […]
Academic researchers and corporate managers often seek experts or collaborators in a particular field to enhance their knowledge or maximize the talents of their workforce. Harnessing that data, however, can be a challenge. Researchers at Penn State’s College of Information Sciences and Technology (IST) and the Department of Computer Science and Engineering (CSE) have devised recommendation systems for expert and […]
