big data is dead, long live big data
TRANSCRIPT
Big Data is DeadLong Live Big Data!
November 17, 2016Mark van Rijmenam
Big Data has been around for a long time…
Big Data was a massive hype!
Until last year: Big Data was out!
Image: Gartner
Big Data is Dead! Long Live Big Data!
With Big Data no longer a hype, we finally can get started
World’s 2nd most valuable retailer has no inventory
World’s largest taxi company has no taxis
World’s largest movie house has no cinemas
Largest phone company has no telecom infra
The Data Disruption Is Happening Everywhere!
3 Important Big Data Trends
Trend 1:Empowerment through Data
Big Data to detect Unknown Unknowns
Mixed Data: Combining Internal + External Data
Empowered Decision-Making through Insights
Trend 2:The Distributed Web
Using Blockchain to Decentralise Everything
Image: Bitcoin 4 Everyone
Image: BTCS.com
Image: paremantra.com
A digital peer-to-peer shopping mall, without centralised governing body
Image: redalertpolitics.com
Using the Blockchain to ensure elections are honest, accurate and results real-time
Image: theleonian.com
Bitnation to offer Blockchain ID and Bitcoin credit card for refugees
Trend 3:Rise of the Algorithms!
Intuitive Artificial Intelligence: AlphaGo beats Lee Sedol 4-1 in the game Go
Algorithms will become our boss, our copywriter, our assistant, our driver and customer service
Say Hi to Facebook Messenger Bots
Associated Press uses algorithms instead of analysts to write financial reports
Deep Knowledge Ventures has given an algorithm a seat in the board of directors
The algorithm marketplace will drive programmable businesses and new disruption
Do you think this is non-existing? Meet Algorithmia –the marketplace for algorithms
The ethical and legal implications of the algorithmic business are huge!
Volvo CEO: ”We will accept all liability when our cars are in autonomous mode.”
Algorithm accountancy firms will control and validate the algorithms of firms
BLOCKCHAIN
EMPOWERMENT ALGORITHMS
