So, in this new spirit of blogging, I'm going to discuss a video that I found entitled “Big Data is Better Data” by Kenneth Cukeir that touches on one of the topics in my dissertation. Feel free to watch the video below.
Mr. Cukier is of course discussing the innovation of big data. The buzzword "big data" is now a little bit passé however for those been living under a rock for the last couple of years the quick summary of the topic: big data refers to our ability to process information in ways previously impossible. recent advances in storage allow us to collect and keep more data than ever before and some recent advancements in computer algorithms, Namely the MapReduce algorithm made famous by Google in 2008 (Dean & Ghemawat, 2008), give us the ability to process larger amounts of data in smaller amounts time. Another unique factor is that this new processing ability can't handle unstructured data, Such as pictures or videos or sound files, whereas in the past data processing required some form of structure such as you would find in a database.
Mr. Cukier eloquently discusses some of the pros and cons of big data analytics (meaning the ability to turn the data into some sort of useful knowledge). He makes a compelling case for the collection and usage of the data and in that same vein I had a few thoughts on the matter myself.
Dean, J., & Ghemawat, S. (2008). MapReduce : Simplified Data Processing on Large Clusters. Communications of the ACM, 51(1), 1–13. doi:10.1145/1327452.1327492
Shaw, J. (2014, March). Why Big Data is a Big Deal. Harvard Magazine, 116(4), 30-35. Retrieved from http://harvardmagazine.com/2014/03/why-big-data-is-a-big-deal