Posts Tagged "classic"
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Watson from IBM: Why semantic text tech helps analytics
IBM Watson: dramatic potential or nothing new? There is a new type of software technology from IBM and others that has the potential to dramatically change how we work. In particular, certain types of workplace drudgery may be eliminated. The key is intelligent processing of unstructured text. You might remember IBM’s Watson technology from a few year’s back. It’s a natural language Q&A system named after IBM’s founder (pictured). (We’re guessing it’s also an allusion to the Sherlock Holmes character.) As a publicity stunt, IBM had Watson beat the reigning Jeopardy! champion. At least based on the material on IBM’s website it still isn’t too clearly technically what IBM is. There are other impressive systems for searching and processing unstructured text and answering human-language questions. (We’ll talk about them in a bit.) Aside from some glossy marketing materials, IBM seems coy about why Watson is better or cheaper than the competition.… Read the restWhy the Singularity Might Not Happen: Predictive Apocalypse Analytics
Singularity or Apocalypse? We’ve mentioned the concept of the Singularity a few times in these pages, but it’s not a foregone conclusion that this is the destiny of humanity. The NYPost did a sensationally-titled review last week on Eric H. Cline’s book about the fall of ancient Egypt. (We can’t quite resist including this work of art of an article plug line: “Ancient civilizations fell almost simultaneously & it could happen again.”) The Singularity is not a foregone conclusion, here’s why. Click To Tweet Although Cline’s book (and the NY Post review of it) are interesting and thought-provoking, there are better ways, more analytical ways to think about the repeated suddenly collapse of past civilizations. Required reading for mathematical archaeologists … and predictive modelers We have two recommendations. The first off is physicist Geoffrey West’s classic Ted Talk, “The surprising math of cities and corporations.” Although Prof. West explains his observations on scale in a simple and straightforward way in a short ten-minute talk, his insights have profound importance on everything from: neuron speed in elephants vs.… Read the restSocial Progress Index and Big Data Analytics: government by computer?
Data driven governance via metrics like the Social Progress Index? In his recent op-ed, NYT managing director and Pulitzer Prize-winner Nicholas Kristof essentially argues that a metric such as the Social Progress Index rather than GDP should be used to guide US public policy. The Harvard economist that created the Social Progress Index (whom Kristof feels the need to immediately point out is a Republican) says he became increasingly aware social factors (which we should call social investments) support a country’s long-term economic prospects. We couldn’t quite resist the big analytics aspects of all this. Analytics ultimately will produce metrics that are better than short-term GDP, together with models that can optimize public policy. Policy wonks have doing this on a small scale for years, but new technologies, related new insights from industrial applications, and perhaps the related development of better metrics make this possible on a larger scale than previously thought.… Read the restRecent Posts
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