March 11, 2013
1. How does this emergence of big data effect us today? Although we are becoming aware of its significance will we make any changes in our personal lives as a result? Do you know anyone who has?
2. If access to this ”big data” allows financial institutions to make more up to date decisions and limit the amount of time between transactions, does this actually begin to pose a risk for national and international finance? It does lead to increased accountability, but can it also make it impossible for companies to innovate and take necessary risks for the sake of progress?