The fallacy of big data and why we need even bigger data

The value of data is only as good as the information and insights we can get from it. The information and insights will help us make better decisions and give us a competitive edge. The promise of big data is that one could glean lots of information and gain many valuable insights. However, people often don’t realize that data and information are not the same. Even if you are able to extract information from your big data, not all of it will be insightful and valuable.

 

 

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USPTO Director Kappos delivers speech on software patents, the PTO and innovation

Director David Kappos

Director of the USPTO David Kappos delivered a keynote address last week  to the Center for American Progress that focused on software patents and the smartphone “patent wars.”  The speech is noteworthy for the Director’s strong defense of software patents. The entire speech is worth reading – here are a few excerpts to induce you to:

 

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The Future of the Visual Arts

[youtube]http://www.youtube.com/watch?v=OlLSzIuulmI[/youtube]

ABC’s Weekend Breakfast with Andrew Geoghegan

Futurist Thomas Frey:  On Nov 26-28th, I will be speaking at the Creative Innovations 2012 event in Melbourne, Australia. The theme of the conference will be “Wicked Problems, Great Opportunities! Leadership and courage for volatile times.”

 

 

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EyeSee – seeing-eye mannequins that check out customers for age, sex, and race

Seeing-eye mannequins

The high-fashion mannequin maker Almax has released the new $5000 EyeSee mannequins.  The mannequins contain cameras in their eyes that are connected to facial recognition software that analyzes customers’ faces, classifying them by age, sex, race, and ethnicity. The cameras also can tell merchandisers when the store is getting crowded, and what products or clothing are attracting the most attention.

 

 

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Wharton School and startup Evolv use big data to predict when you will quit your job

“These models will predict your likelihood of separating from your employer based on everything we know about you and the position.”

You did everything by the book when you went in for that job interview. But, after going through all the effort, would you feel slighted if the interviewer made the ultimate decision about whether or not to hire you based on an algorithm?

 

 

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Boom in app development lures coders but it’s tough to make a living

Software engineers now outnumber farmers and have almost caught up with lawyers.

Over the last two years Shawn and Stephanie Grimes have spent much of their time in pursuing their dream of doing research and development for Apple, the world’s most successful corporation.

 

 

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Ray Kurzweil talks about the future workforce

What impact will advancing technologies have on employment?

Singularity University’s Vice President of Innovation and Research, Vivek Wadhwa, has written about why he believes this will be the most innovative decade in human history and how we are headed for an era of abundant and affordable health care, and how robotics, artificial intelligence and 3D printing will lead to an era of local manufacturing in which the creative class flourishes.

 

 

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