Future opportunities for a young profession · An even younger profession… Data Science...

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Future opportunities for a young profession ALEXANDER RINNOOY KAN

Transcript of Future opportunities for a young profession · An even younger profession… Data Science...

Page 1: Future opportunities for a young profession · An even younger profession… Data Science …settling down nicely. ... computer science New questions: basing OR models on Big ...

Future opportunities fora young professionALEXANDER RINNOOY KAN

Page 2: Future opportunities for a young profession · An even younger profession… Data Science …settling down nicely. ... computer science New questions: basing OR models on Big ...

A young profession…

Operations ResearchManagement ScienceOperationeel onderzoekOperationele analyseBedrijfseconometrieMathematische besliskundeBusiness Analytics

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…still settling down.

MathematicsStatisticsEconomicsEconometricsBusiness Studies Technical Sciences

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An even younger profession…

Data Science

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…settling down nicely.

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What’s in a name?

OR focuses on complex planning problems…

…analyzes them through mathematicalmodel building…

…and solves them through the computer

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The role of the computer1. Faithful supporter: OR and numerical

mathematics2. Theoretical construct: OR and computer

science3. Surprising challenger: OR and very big data4. Potential competitor: OR and artificial

intelligence

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“The future of OR is past.” (Russell Ackoff, 1979)Poor links between theory and practiceExcessive emphasis on optimization Lack of cooperation with neighbouring

disciplines

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What about the future of OR?

As an academic disciplineAs a practical paradigm

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OR as an educationalprogram Increasing demandProgram in Amsterdam under threat Limited post-academic offering

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OR as a research area

New answers to old questionsNew challenges on the interface with

computer scienceNew questions: basing OR models on Big

DataNew questions: understanding the success

of AI

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OR as a problem solvingparadigm Turning data into useful information Turning knowledge into progress Turning data science into a management

tool

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“The future of OR is bright.”

In a combination of deep research and broad education

As part of a larger wholeAs a training ground for the ideal data

scientists

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