Will the accuracy of election predictions push big data into mainstream consciousness?

OldHippie

It was pretty impressive how closely the presidential election results matched the models. Little kids are probably running around with calculators pretending to be Nate Silver, "Look mommy! I'd a data scientist, and I can predict the future."

Do you think the accuracy of the pre-election predictions (the math and data ones, not the talking head pundit ones), and the surprising amount of ink that generated will make big data a household word?

Topic: Big Data
Answer this Question

Answers

2 total
henyfoxe
Vote Up (19)

Somewhat, perhaps, although I don't know if most people will actually use or recognize the terms big data or data analytics.  Nate Silver's Five Thirty Eight blog at the NYT, which you referenced, accounted for something like 20% of the NYT's site traffic on the day before the election, so people are clearly interested in the results.  However, I'm not sure that most people even realize that Silver is not a pollster and that he was "simply" running data from polls through his mathematical model to reach an objective "best guess".  What is more likely is that people who saw how useful analytics can be will want to integrate it into their businesses.  The trick is figuring out what to measure, where to get the data, and finding someone who has the ability to develop models that give meaningful results.  I wouldn't be surprised if some consultants are looking over their shoulders, wondering how much longer they can pretend to read the tea leaves while offering up subjective "solutions" to business clients now that there is an objective alternative on the rise. 

jimlynch
Vote Up (17)

No, though it would certainly be nice if it did. Alas, I don't think most voters will really ever understand or care about it. But they may get used to having the information for each future election, and that's still a pretty good accomplishment.

Ask a question

Join Now or Sign In to ask a question.
A new study of GitHub data reveals characteristics of successful open source projects
A study by Accenture finds that many organizations are putting big data initiatives into production and the vast majority of those that do are pleased with the results.
Aiming to eliminate a number of onerous data engineering tasks, MapR today updated its distribution of Hadoop to include Apache Drill 0.5.
The latest rankings of programming languages show a landscape that’s increasingly fragmented, but still dominated by the old guard
Select the mix of skills right for your data analytics business goals.
With the help of HP's Vertica Analytics Platform, Conservation International is crunching data from images to monitor the biodiversity of tropical forests around the world.
Data analysis software vendor Tableau is developing a new iPad app that might solve one of the problems the company faces with expanding its reach.
A new study shows that visual speech patterns could be the basis for a more secure method of verifying our identities online
Google is building its own shopping empire by pulling together several services and its massive amount of data.
A new study of open source project growth suggests that choosing a permissive license can help your community to grow faster
Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

randomness