In a world where computer programs are responsible for wild market swings, advertising fraud and more, it is incumbent upon society to develop rules and possibly laws to keep algorithms—and programmers who write them—from behaving badly.
Technical skills yes, but the ability to communicate, relate and navigate throughout an organization—so called “softer skills”—are especially needed to propagate analysis and communicate the impact of data-driven decision-making.
Capturing a mountain of multi-structured data (currently 10 petabytes and growing) is an admirable feat, however the real magic lies in Internet Archive’s multi-century vision of making sure the world’s best and most useful knowledge is preserved.
Two noted economists, Kenneth Rogoff and Carmen Reinhardt, recently had their findings on country debt to GDP ratios questioned, as it was discovered an Excel spreadsheet error led to some grave miscalculations. And while plenty of financial bloggers and economists took the opportunity to gloat over Rogoff and Reinhardt’s misfortune, there is a larger point…
The Tampa Bay Rays spend significantly less on payroll than some of the wealthier teams in Major League Baseball, but get results that are sometimes better than those that wildly overspend. Their success boils down to two things – understanding how to be a hedgehog, and continual application of statistics and analytics into daily processes.
It’s almost a certainty that you will not agree with every book, article or blog post you read online. But do you have an obligation to review “bad” content, or are some things better left unsaid?
Driving data may ultimately be used to design better cars, better freeways and improve the overall quality of life for everyone concerned. Yet, it’s also important to realize that mobile data from daily road travels can also be utilized for tracking purposes, to pin down exactly where you are located at any given moment in time, and how you arrived.