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Next The Economist explains: The backlash against big data

“BOLLOCKS”, says a Cambridge professor. “Hubris,” write researchers at Harvard. “Big data is bullshit,” proclaims Obama’s reelection chief number-cruncher. A few years ago almost no one had heard of “big data”. Today it’s hard to avoid—and as a result, the digerati love to condemn it. Wired, Time, Harvard Business Review and other publications are falling over themselves to dance on […]

Big data, same statistical challenges – FlowingData

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 […]

SEC Charges Microsoft Exec With Insider Trading – Business Insider

LinkedInSee AlsoMicrosoft’s Surface 2 Tablets Are Sold Out EverywhereVideo Shows How Hilariously Awful It Could Be To Wear ‘Microsoft Glass’Surprise! Qualcomm Names Steve Mollenkopf CEO Hours After A Report Says He’s In The Running To Be Microsoft CEOThe SEC has brought insider trading charges against a Microsoft senior manager, Brian Jorgenson, along with a friend of his. The feds claim […]

A VC: Large Networks, Big Data, And Healthcare

Zander posted this NY Times opinion piece to usv.com yesterday and it’s been rattling around in my head since then. The author suggests that big data is coming to health care and bringing with it many issues that will have to be resolved. I am sure that is so. But I also think the intersection of big data and health […]