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The Rewards Are Going To Be Tremendous

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The Rewards Are Going To Be Tremendous
Topic: Futurism 7:50 am EST, Mar  4, 2013

Quentin Hardy:

According to the Securities and Exchange Commission, unauthorized disclosures of confidential information, whether from unsecured devices, leaky apps or poor cloud security, must be announced publicly if the information could affect a company's stock price.

Dexter Filkins:

Our ignorance is not total, but our information is nowhere near adequate.

NYT:

Executives should understand that openly discussing threats helps everyone become more alert to risks, which would be in their own long-term interest.

Ashkan Soltani:

It's not a matter of whether or not you've been compromised. It's whether you have the expertise to tell.

James Harkin:

No matter, because the rewards are going to be tremendous. Big data is on the cusp of becoming a "significant corporate asset", so much so that it may even help the west to win back manufacturing advantage from the developing world. Soon, they claim airily, it "may be able to tell whether we're falling in love".

Most of all, we have to know what we want to achieve and what we want big data to do. Otherwise, like the previous iterations of internet futurism, big data will remain a showy buzzword - full of sound and fury, signifying very little.

David Brooks:

As we acquire more data, we have the ability to find many, many more statistically significant correlations. Most of these correlations are spurious and deceive us when we're trying to understand a situation. Falsity grows exponentially the more data we collect. The haystack gets bigger, but the needle we are looking for is still buried deep inside.

Straw Man:

Money for me ... Money for me, databases for you.



 
 
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