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