Posts tagged analytics

Big data: are we making a big mistake?

big data, analytics, google, flu, correlation, theory, theory-free

Four years after the original Nature paper was published, Nature News had sad tidings to convey: the latest flu outbreak had claimed an unexpected victim: Google Flu Trends. After reliably providing a swift and accurate account of flu outbreaks for several winters, the theory-free, data-rich model had lost its nose for where flu was going. Google’s model pointed to a severe outbreak but when the slow-and-steady data from the CDC arrived, they showed that Google’s estimates of the spread of flu-like illnesses were overstated by almost a factor of two.

http://www.ft.com/cms/s/2/21a6e7d8-b479–11e3-a09a–00144feabdc0.html#axzz2xS1VXiUc