Embedded algorithms processing big data are proposed to reduce human information processing demands.
Edward Tenner in his book The Efficiency Paradox: What Big Data Can’t Do [Alfred a Knopf, 2018] proposes that the efficiency from embedded Big Data Analytics can be counterproductive, e.g., missed opportunities, adopting new approaches, less intuitive thinking.
He provides a persuasive rationale for his position including many valuable examples. Tenner recommends that a selective combination of embedded algorithms and human intuition will improve judgments, learning and decision-making.
Our mental effort or workload is reduced when a set of information items or chunks are delivered as a story. Indeed our ability to recall the content also is improved. A new book Storynomics: Story-Driven Marketing in the Post-Advertising World by respected storyteller Robert McKee & Thomas Gerace (Twelvebooks.com; Hatchett Book Group; March 2018) provides a field-tested approach to creating effective stories.
Decades ago, I (others also?) proposed that Information was defined as more than “data relevant to the task,” but also an effective representation or format to understand and communicate the information effectively. Stories provide an extremely effective frame for delivering information content. A number of software modeling applications, e.g., Tableau and IBM WATSON Analytics have built-in capability for creating storyboards. These are elements that are more than a PPT deck–a set of slides integrated by a common storyline having a captivating beginning, followed by valuable content, and often concluded with some “call to action.” If you have not tried storyboarding to reduce the mental processing effort by your audience, jump onto the storytelling bandwagon.
The exponential rise in the adoption of telematics by companies is raising vital questions that every fleet manager should have answers to.
With the devices generating reams of data, there is a growing onus on those controlling fleet operations to ensure that they are acting on this information and not ignoring ticking timebombs which could land them, and their business, in court.
Have you ever thought or said, “That service is the best kept secret on the North Shore?”
Are you looking for a service for your parent or yourself but are confused about where to start?
Access to information for seniors is crucial. Informed seniors are healthier, more involved in their communities and are knowledgeable about available services and benefits important in maintaining their independence. Knowing what your benefits are after you retire ensures you receive the most income from government sources. Knowing if you qualify for home support for personal care, home care nursing or rehab, palliative care, day programs for adults or respite for caregivers can ensure you receive the critical care you might require as your health needs change.
Parents and policy makers have become obsessed with getting young children to learn more, faster. But the picture of early learning that drives them is exactly the opposite of the one that emerges from developmental science.
In the last 30 years, the United States has completed its transformation to an information economy. Knowledge is as important in the 21st century as capital was in the 19th, or land in the 18th. In the same 30 years, scientists have discovered that even very young children learn more than we once thought possible. Put those together and our preoccupation with making children learn is no surprise.
If you’re like many of the people I know, the things you once enjoyed most about the Internet now make you feel overwhelmed or even left behind because you can’t keep up–there’s simply too much of everything. It started with too many websites and blogs. Next, it was the explosion of choices for music and videos, and more recently, even podcasts. Apparently, dating has also hit overload for some people, according to the much shared Vanity Fair article on Tinder a few weeks ago.
Does the endless stream of articles telling you of new and alarming risks to your health have you feeling anxious? Consider just a few of the latest: Common pain relievers raise your risk for heart attacks. Sitting too much can make you more likely to develop cancer. Drinking even one soda per day boosts your chance of diabetes.
Before I started investing in stocks on my own in 2012, my investments were in mutual funds because I assumed stock investing was way too complicated and time-consuming. There are so many things we as investors are told we need to evaluate, such as: historical price trend, industry group, analyst opinions, money flow, relative strength to the S&P, debt to equity, earnings expectations, etc. . . . how do you find the time to research all of these? Let alone know what each means?
With the proliferation of intelligence data and the technology used for its collection and sharing post-9/11, intelligence officials have more information than ever before at their fingertips. However, sifting through that haystack of data for credible and worthwhile threats has become increasingly challenging.
When Manish Undavia took delivery of the 2016 Audi A7 sedan — list price, about $71,000 — it came with technology rarely found in automobiles, even five years ago: collision avoidance systems, sensors to keep the car from drifting and, perhaps most baffling to Mr. Undavia, a head-up display.