Mathematician Says Big Data Is Causing a ‘Silent Financial Crisis’
I found this article problematic. First the assertion that &quot;big data comes with all the biases of its creators&quot;.  Isn&#x27;t this exactly what big data (which I believe is a term used here to reference some sort of predictive model or machine learning) is supposed to avoid - ie. Making decisions based on evidence and not bias?<p>Maybe it&#x27;s the cynic in me but someone who worked in a hedge fund, started yet another advertising tech company and now releases a book about the evils of &quot;big data&quot; abusing the poor... guess I&#x27;m biased.