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In terms of predicting customers' behavior, this concept of holding a human context to Big Data is best illustrated with the story earlier this year in which Ta
by ljensen 14y ago
In terms of predicting customers' behavior, this concept of holding a human context to Big Data is best illustrated with the story earlier this year in which Target predicted that a teenage girl was pregnant:
http://www.forbes.com/sites/kashmirhill/2012/02/16/how-target-figured-out-a-teen-girl-was-pregnant-before-her-father-did/ http://www.forbes.com/sites/kashmirhill/2012/02/16/how-targe...
In terms of predicting financial meltdowns, I'm interested in seeing how MIT thinks their data will change human behavior. For the most part, people know when financial bubbles are not sustainable; they just choose not to act.