Nassim Taleb: The Big Errors of Big Data
“I am not saying here that there is no information in big data. There is plenty of information. The problem — the central issue — is that the needle comes in an increasingly larger haystack.” *** …
Signal v. Noise
The Problem With Information
Nassim Taleb in Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets: The argument in favor of “new things” and even more “new new things” goes as follows: Look at the dramatic …