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Mark Pitts

Facing Down Danger & Other Big-Data Challenges

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Lyndon_Henry
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Re: Silver
Lyndon_Henry   12/3/2012 7:07:43 PM
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..

Responding to a recommendation for another political analytics site, Beth writes


Another good one. I'll be looking out for 'em in 2016.


 

Don't forget the midterm elections in 2016.  These contests are becoming just about as important as the presdiential elections — perhaps even more so.

 

Mark Pitts
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Re: Silver
Mark Pitts   12/1/2012 2:02:27 AM
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@Bryan_Engle, Thanks for your comment.  I find that one of the chief obstacles to driving adoption of analytics-based practices is that most business people don't understand what is possible.  One of the key roles I play is educating people about the possibilities.  The good news is that with all the buzz around analytics, people are eager to listen these days.

MDMconsult
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Prospector
Re: Silver
MDMconsult   11/30/2012 5:42:49 PM
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True, leadership is still a small minority. As more enterprise organizations begin to invest in big data, adapting and creating data driven cultures should be a key strategic involvment in day-to-day decision-making. 

BethSchultz
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Re: Silver
BethSchultz   11/30/2012 12:56:43 PM
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@Bryan_Engle. Aha! Another good one. I'll be looking out for 'em in 2016.

Mark Pitts
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Re: Does this problem sound familiar to anyone?
Mark Pitts   11/30/2012 11:30:40 AM
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@hospice, thanks for your comment. I also believe we will figure it out, and I think we will make great impact that may one day be taken for granted. Mother Earth didn't figure out how to feed us on her own. Tremendous efforts in science and agricultural engineering went into creating the food supply that supports our population. There are many great stories, innovations, and unsung heroes in that history. In the same way, it will take the focused effort and remarkable creativity to tame the data deluge, but the rewards will be great.

Bryan_Engle
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Prospector
Re: Silver
Bryan_Engle   11/30/2012 11:16:37 AM
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May also want to check out the Princeton Election Consortium, which Deadspin (not your usual source for analytics) calls "criminally underrated."   Agree with your point though - why aren't we using this type of methodology used more in other areas.  We hear a lot about data driven decision making, but seems that we (businesspeople in general) have a hard time moving away from using our expertise/gut to make decisions. 

Hospice_Houngbo
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Prospector
Does this problem sound familiar to anyone?
Hospice_Houngbo   11/30/2012 7:33:13 AM
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"We face danger whenever information growth outpaces our understanding of how to process it."


It reminds me the Malthusian catastrophe that predicted that "the power of population would be superior to the power of the earth to produce subsistence for man". But was Thomas Malthus' observation correct? The earth has ever since learnt how to porduce subsistence to its growing population. I think we will be able to do the same with regard to big-data challenges.

BethSchultz
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Re: Silver
BethSchultz   11/29/2012 3:27:34 PM
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Ah, callmebob -- I hadn't seen these. Thanks for sharing.

Callmebob
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Master Analyst
Re: Silver
Callmebob   11/29/2012 2:24:03 PM
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Beth - More important are Silver's frequent stops on Comedy Central with Jon Stewart and Stephen Colbert. He's everything one imagines a geeky quant should look and act like. Sweet.

BethSchultz
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Re: Silver
BethSchultz   11/29/2012 1:59:18 PM
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Mark -- certainly having the Times affiliation is great exposure. I think others of the spot-on presidential predictors are well enough known in their own domains, academics, for instance. -- like Election Analytics.

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4|24|14   |   2:50   |   (4) comments


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4|23|14   |   2:39   |   (0) comments


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4|22|14   |   2:28   |   (0) comments


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4|22|14   |   2:50   |   (0) comments


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