What’s All the Fuss About Big Data?

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We excerpt an interview with big data pioneer and computer scientist, Alex Pentland, via the Edge. Pentland is a leading thinker in computational social science and currently directs the Human Dynamics Laboratory at MIT. While there is no exact definition of “big data” it tends to be characterized quantitatively and qualitatively differently from data commonly used by most organizations. Where regular data can be stored, processed and analyzed using common database tools and analytical engines, big data refers to vast collections of data that often lie beyond the realm of regular computation. So, often big data requires vast and specialized storage and enormous processing capabilities. Data sets that fall into the big data area cover such areas as climate science, genomics, particle physics, and computational social science. Big data holds true promise. However, while storage and processing power now enable quick and efficient crunching of tera- and even petabytes of data, tools… Read more