#4astransformation 2013 - march 12 - the age of big data - steve lo…

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The Age of Big Data

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The Age of Big Data Steve Lohr, Technology Reporter, The New York Times

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Page 1: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

The Age of Big Data

Page 2: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

Data Scientist circa 1890

Page 3: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

A Measurement Revolution

Page 4: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

Way Beyond Orwellian

Page 5: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

“You can’t manage what you can’t measure.” – Deming/Drucker

“Not everything that can be counted counts, and not everything that counts can be counted.” – Einstein

The Measurement Paradox

Page 6: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

Scientific Management

Page 7: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

Models Behaving Badly

Page 8: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

In Praise of Intuition

Page 9: #4AsTransformation 2013 - March 12 - The Age of Big Data - Steve Lo…

Big Data and Advertising “The history of affordable news and entertainment in America is, in many respects, a chronicle of advertising’s successful shifts from one medium to the next.” - Derek Thompson, The Atlantic