Big Data is Dead, Long Live Big Data

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Transcript of Big Data is Dead, Long Live Big Data

Big Data is DeadLong Live Big Data!

November 17, 2016Mark van Rijmenam

Big Data has been around for a long time…

Big Data was a massive hype!

Until last year: Big Data was out!

Image: Gartner

Big Data is Dead! Long Live Big Data!

With Big Data no longer a hype, we finally can get started

World’s 2nd most valuable retailer has no inventory

World’s largest taxi company has no taxis

World’s largest movie house has no cinemas

Largest phone company has no telecom infra

The Data Disruption Is Happening Everywhere!

3 Important Big Data Trends

Trend 1:Empowerment through Data

Big Data to detect Unknown Unknowns

Mixed Data: Combining Internal + External Data

Empowered Decision-Making through Insights

Trend 2:The Distributed Web

Using Blockchain to Decentralise Everything

Image: Bitcoin 4 Everyone

Image: BTCS.com

Image: paremantra.com

A digital peer-to-peer shopping mall, without centralised governing body

Image: redalertpolitics.com

Using the Blockchain to ensure elections are honest, accurate and results real-time

Image: theleonian.com

Bitnation to offer Blockchain ID and Bitcoin credit card for refugees

Trend 3:Rise of the Algorithms!

Intuitive Artificial Intelligence: AlphaGo beats Lee Sedol 4-1 in the game Go

Algorithms will become our boss, our copywriter, our assistant, our driver and customer service

Say Hi to Facebook Messenger Bots

Associated Press uses algorithms instead of analysts to write financial reports

Deep Knowledge Ventures has given an algorithm a seat in the board of directors

The algorithm marketplace will drive programmable businesses and new disruption

Do you think this is non-existing? Meet Algorithmia –the marketplace for algorithms

The ethical and legal implications of the algorithmic business are huge!

Volvo CEO: ”We will accept all liability when our cars are in autonomous mode.”

Algorithm accountancy firms will control and validate the algorithms of firms

BLOCKCHAIN

EMPOWERMENT ALGORITHMS

E: mark@datafloq.comT: @VanRijmenam

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