Banking / Finance

Why it’s way too early to dismiss big data’s economic impact

19th Aug `13, 10:16 AM in Banking / Finance

The New York Times published an article on Friday asking in its headline whether big data is a…

BDMS
Guest Contributor
 

The New York Times published an article on Friday asking in its headline whether big data is a economic dud. Numerous quoted professors gave reasons why the analogy of data to oil doesn’t work, nor does the one of data to the electrical grid (and here I thought that analogy was about cloud computing). All in all, it was kind of foolish. Here’s why.

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