Monday, August 19, 2013

Quote of the week

From Robert J. Gordon, a professor of economics at Northwestern in the Sunday New York Times, Is Big Data an Economic Big Dud? - -

"Gasoline made from oil made possible a transportation revolution as cars replaced horses and as commercial air transportation replaced railroads.  If anybody thinks that personal data are comparable to real oil and real vehicles, they don't appreciate the realities of the last century."

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