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This is great. STEM-types seem to link that with enough data, the Truth can be uncovered. This assumes that your data is meaningful, your analysis is unbiased, and that there is a truth to be had. I would encourage everyone to study some postmodernism, specifically Lacan and Žižek. They talk extensively on how our ideology and perception prevent us from ever truly discovering Reality.

The Hyperlogloglog bears a strong resemblance to Isaac Asimov's Multivac in the Last Question [1]. Where the question and the answer, the end and the beginning, are the same thing. Progress is not linear, but circular.

[1] http://multivax.com/last_question.html

Author here. What i gleaned from Lacan was a kind of playful approach to the interaction of language and power. Going too pomo is itself a mistake of course. There really are some solid objective truths out there, just perhaps not all-encompassing.
I agree that there are some objective truths, but Big Data is probably not going to find as many as its searching for.