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:
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.
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[ 3.2 ms ] story [ 7.7 ms ] threadhttp://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.