Edge:: Reinventing Society In The Wake Of Big Data
Tuesday, 9 October, 2012 Leave a comment
Edge.org is one of, if not, THE go-to place for insights from great modern thinkers across a range of subjects. Multi-disciplinary is now, increasingly, the way of things in Academia and in business too. Generalists appear to be in the ascendancy as the limitations of the narrow views of, past, over-specialisation and benefits of recognising the universalities of [non-linear] complex systems have become more apparent through examination using the tools that technological innovation have given us.
I had intended to only include one or two extracts from this conversation but I was so inspired I got carried away! Nevertheless I would urge you to follow the link (below) to read the full text and view the interview.
These are subjects that are relevant to every person on the planet but are of particular interest to us at Ontonix as we are the first and only company with the technology to measure the number and integrity of relationships within complex systems and networks .
HOWEVER, I would like to point out that, just because a greater amount of data is more readily accessible, it does not mean that we will be any better at detecting patterns that reveal the hidden opportunities or threats unless we employ better means of analyses.
Ontonix have, recently, developed a tool to deal with Large Ecosystems: MetaNet™
- …analysis of Big Data is increasingly about finding connections, connections with the people around you, and connections between people’s behaviour and outcomes. You can see this in all sorts of places. For instance, one type of Big Data and connection analysis concerns financial data.
- Big Data shows us the connections that cause these events. Big data gives us the possibility of understanding how these systems of people and machines work, and whether they’re stable.
- What actually matters is how the people are connected together by the machines and how, as a whole, they create a financial market, a government, a company, and other social structures.
- people from all sorts of specialties are coming to understand that it is the connections between people that is actually the core problem in making transportation systems work well, in making energy grids work efficiently, and in making financial systems stable.
- Understanding these human-machine systems is what’s going to make our future social systems stable and safe. We are getting beyond complexity, data science and web science, because we are including people as a key part of these systems. That’s the promise of Big Data, to really understand the systems that make our technological society.
- The barriers to better societal systems are not about the size or speed of data. They’re not about most of the things that people are focusing on when they talk about Big Data. Instead, the challenge is to figure out how to analyse the connections in this deluge of data and come to a new way of building systems based on understanding these connections.