It’s a wonderful time to ask questions. The immense amount of information available through the internet has transformed data and data analysis. In their book “Big Data,” Viktor Mayer-Schömberger and Kenneth Cukier explore the concept of big data, the ability to consume and analyze vast collections of information and draw conclusions.
Big data is behind the idea that flights are cheapest on Tuesdays and Wednesdays, can tell you which color used car is in the best shape. It can also be used to predict or prevent disaster, and as our ability to utilize big data effectively grows, will impact business, health, education, and politics even more in the future.
How has big data transformed the way we approach and evaluate information? What will its impact be in years to come? Can this kind of analysis be dangerous, or have significant drawbacks? Kenneth Cukier joins Larry to speak about the revolution of big data and how it will affect our lives.
Kenneth Cukier, Co-Author, “Big Data: A revolution that will transform how we live, work, and think;” Data Editor, the Economist, based in London