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April 24, 2014 10:12 PM
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The backlash against big data

The backlash against big data | Decision Intelligence News | Scoop.it
“BOLLOCKS”, says a Cambridge professor. “Hubris,” write researchers at Harvard. “Big data is bullshit,” proclaims Obama’s reelection chief...
Decision Intelligence's insight:

This article summarizes some recent big data backlash, and cites three weaknesses of data: 1) bias problems; 2) "theory is obsolete"; 3) spurious correlations.


Um, well, sort of.  The real problem with data is that it's just one ingredient in the decision-making cake, and yet most pundits treat it as the entire thing.  The rest of the cake includes a causal model (often a complex systems model) that says how today's decision impacts tomorrow, and which captures the emergent characteristics of the situation, intended (and unintended consequences), and the difference between levers and externals.  Just sayin'

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Decision Intelligence News
Decision Intelligence (DI) is the discipline concerned with how organizations and individuals design, support, and improve decision making at scale. It connects actions to outcomes in context by integrating human judgment, data, models, text, and AI into coherent decision systems. Decision Intelligence News curates developments across DI and related fields, including AI, machine learning, governance, enterprise architecture, orchestration, measurement, and decision modeling. Learn more at www.opendi.org and www.learn-di.com.
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