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November 19, 2015

19 November 2015

The Opportunities and the Challenges of Big Data for Business and Public Policy*

*Based on Remarks at the Big Data East Big Data Innovation Conference, September 9, 2015

I believe in the enormous potential of big data. Erik Brynolfsson and Andrew McAfee, authors of The New Machine Age and leading scholars of the digital economy, have compared the power and granularity of computational science to the transformation in understanding of nature that occurred when Anton Van Leuwenhook first peered at samples through his newly-invented microscope. We are seeing new advances in medicine, in social science, new ways of teasing out causation from correlation.

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