A Reckoning for Big Data
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 23 October 2015
⏱️ 24 minutes
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Transcript
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| 0:00.0 | This is the Cato Daily Podcast for Friday, October 23rd, 2015. |
| 0:09.0 | I'm Caleb Brown. |
| 0:10.0 | Big Data for both government and the corporate world seems to be a process of save it all and figure out what's useful later. |
| 0:17.0 | That model has some big flaws. |
| 0:19.0 | Security expert Bruce Schnerr closed out the Kito Institute's conference on surveillance held this week. |
| 0:26.3 | Data fundamentally is a byproduct of the Information Society. |
| 0:30.7 | Everything we do on a computer creates a transaction record, everything. |
| 0:34.0 | And that data is there. |
| 0:38.0 | You have to actually work to make a computer not produce data about a transaction. |
| 0:42.0 | Browsing the net, making a phone call, |
| 0:44.7 | paying with a credit card, anything. |
| 0:47.3 | All of our socialization on the internet |
| 0:49.8 | produces data, email, text messages, phone calls, internet telephony, Facebook chat, all of this. |
| 0:59.1 | And this data is increasingly stored and searchable. |
| 1:03.0 | And Moore's law at work. |
| 1:05.0 | Data storage drops to free, data processing drops to free, |
| 1:08.0 | and it's easier to save everything and figure out what to save. |
| 1:11.0 | And this is the promise of big data. Save it all, you'll figure it out later and this is what's happening I |
| 1:18.5 | I looked at my email to the early days of mail I had hundreds of email boxes for people and projects in different years. |
| 1:27.0 | That stopped, that changed in 2006. Before 2006, hundreds, after 2006, 4. |
| 1:33.2 | Because for me for email in 2006, |
| 1:35.9 | search became cheaper than sort. |
... |
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