Beware the Big Errors of ‘Big Data’

Date: 
2013-02-08
Publisher: 
Wired
Author: 
Nassim N. Taleb

We’re more fooled by noise than ever before, and it’s because of a nasty phenomenon called “big data”. With big data, researchers have brought cherry-picking to an industrial level. Modernity provides too many variables, but too little data per variable. So the spurious relationships grow much, much faster than real information. In other words: Big data may mean more information, but it also means more false information.

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