Data-ism

Data-ism

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By one estimate, 90 percent of all of the data in history was created in the last two years. In 2014, International Data Corporation calculated the data universe at 4.4 zettabytes, or 4.4 trillion gigabytes. That much information, in volume, could fill enough slender iPad Air tablets to create a stack two-thirds of the way to the moon. Now, that's Big Data. Coal, iron ore, and oil were the key productive assets that fueled the Industrial Revolution. The vital raw material of today's information economy is data. In Data-ism, New York Times reporter Steve Lohr explains how big-data technology is ushering in a revolution in proportions that promise to be the basis of the next wave of efficiency and innovation across the economy. But more is at work here than technology. Big data is also the vehicle for a point of view, or philosophy, about how decisions will bea€”and perhaps should bea€”made in the future. Lohr investigates the benefits of data while also examining its dark side. Data-ism is about this next phase, in which vast Internet-scale data sets are used for discovery and prediction in virtually every field. It shows how this new revolution will change decision makinga€”by relying more on data and analysis, and less on intuition and experiencea€”and transform the nature of leadership and management. Focusing on young entrepreneurs at the forefront of data science as well as on giant companies such as IBM that are making big bets on data science for the future of their businesses, Data-ism is a field guide to what is ahead, explaining how individuals and institutions will need to exploit, protect, and manage data to stay competitive in the coming years. With rich examples of how the rise of big data is affecting everyday life, Data-ism also raises provocative questions about policy and practice that have wide implications for everyone. The age of data-ism is here. But are we ready to handle its consequences, good and bad?Theadvance of dataism is creating tensions and meeting resistance.a€œThereisa war in every field about the interlopers from quantland, a€King says. Often ... King, as anemissary from quantland, says he offers anolive branch and cooperation. ... When they bought an apartmentin Manhattana#39;s East Villagein 2013 from the actress ChloAl Sevigny, both theNew York Postand Britaina#39;s Daily Mail took notice .


Title:Data-ism
Author: Steve Lohr
Publisher:Harper Collins - 2015-03-10
ISBN-13:

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