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Big data: overcoming cherry picking and endless variables

Big data presents businesses of all size with unprecedented insight into before unseen details, but does more data equal more problems? The answer may not be yes or no…

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Big data presenting big problems?

We have long written about “Big Data” which is defined as large data sets which cannot be managed with simple, common software that captures and processes the data, and is typically consisting of at least dozens of terabytes in a single data set. The challenges of Big Data are, clearly big, and most attention is being paid to the massive amounts of data being generated by social media sites like Facebook and Foursquare.

But it’s not just consumer data that is being called into question. Industry expert Nassim Taleb recently opined on WIRED, “With big data, researchers have brought cherry-picking to an industrial level. Modernity provides too many variables, but too little data per variable. So the spurious relationships grow much, much faster than real information. In other words: Big data may mean more information, but it also means more false information.”

Taleb addresses something that could lead one to think that big data is faulty and bad, but perhaps Taleb is really pointing out the human nature that is still required in some instances of analyzing big data – and most people would not typically question a researcher or their methods, leaving analysis in its youngest phase subjective.

Defining variables is key in big data analysis

Nitin Mayande is the Co-Founder and Chief Scientist at Tellagence which offers the next step in social marketing intelligence through predictive products. Mayande has a PhD in Engineering Management and is a well respected figure in the industry. He tells AGBeat that Taleb’s statement isn’t necessarily wrong, nor is it completely correct.

Mayande noted that Taleb “is right in saying that with big data one can use many many more variables but to say too little data per variable might not be right. By the way when analyzing the data, the efficacy of variables depends upon the frame of reference and the system definition one chooses. If one uses a open system instead of closed system it may not be possible to define variables at all.”

The great irony of big data

Chris Treadaway, CEO and Founder of Polygraph Media which is famous for data-driven analytics said, “To analyze big data, you have to know when you have enough data, know that you’re looking at the right data, and know how and when to draw conclusions from the data using methods developed from statistics theory and data science. That’s the great irony of “big data” – it’s as much of an art as a science, which is why the best efforts are multidisciplinary.”

“Big data can find tremendous hidden relationships,” Treadaway continued, “but you have to make sure your bias isn’t to find conclusions that don’t exist. Bias can cause the situation Taleb describes, and will cause disinformation as he says. If you’re cautious, discerning, and careful, you can make the most of big data. But there are pitfalls for the careless.”

More data is not the answer

Matt Hixson, Co-Founder and CEO of Tellagence stated, “I would agree that more data is not the answer. Most problems need the right data – not an infinite set. I see this a ton in social, people don’t fully understand what is going on so they just keep correlating more and more data.”

Hixson continued, “This is all that most of the big data scientists at Twitter, LinkedIn and Facebook are doing because the don’t know what else to do. The platforms that are generating this data – social networks are a primary source – creating new phenomena that people don’t understand yet.”

Big data remains a treasure trove of information while also presenting challenges as the world attempts to make sense of the tool and how to analyze the infinite amounts of data.

Lani is the Chief Operating Officer at The American Genius and has been named in the Inman 100 Most Influential Real Estate Leaders several times, co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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Palm is a tiny phone that pairs with your giant smartphone

(TECHNOLOGY) Nokia’s new Palm mini-phone release encourages endless Honey I Shrunk the Phone jokes.

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My current phone is dangerously close to being excluded from regular software updates. However, I have no real intention of purchasing a new one until crucial functions become unusable. There’s so little storage that if I want to install a new app, I have to delete one.

Yet I hold on to my increasingly historical device because I love how tiny it is compared to everything else on the market. Larger screens are no longer a novelty. It’s now the norm to have a five inch screen at a minimum.

But Palm has something different in mind. Yes, Palm as in the same people who brought you the now defunct PalmPilot. Mobility-loving users rejoice, they have risen from the ashes of the technology graveyard to bring you a new miniature innovation.

Palm released a eensy teensy credit card sized “ultra-mobile companion device” creatively called Palm. This cute little pal’s screen measures a mere 3.3 inches and weighs just over two ounces.

It easily fits in your athleisure wear, clutches, wallets, and even bike mounts. Palm is meant to help you out in times when your “big phone” is too gigantic for whatever you’re doing. Hold up, don’t we already have smartwatches for that?

Well, yes. But the tiny device boasts several features absent in smartwatches, including rear and front facing cameras, full keyboard messaging, and an expanded accessory ecosystem. The adorable companion even has facial recognition and customizable notification settings. Plus, if you’re not a watch person, Palm is a non-wearable alternative.

So that’s all neat, but is this all just a gimmick to convince you that your giant smartphone needs a baby smartphone friend? Well, that depends on your lifestyle.

If you’re frequently using your phone on-the-go or simply want a technology detox, this device may be the thing for you. It makes your phone more like a fun toy to check sometimes instead of a huge screen that sucks the life out of your waking hours.

But if you’re constantly on your phone and always prefer the bigger screen, you’ll want to stick with your current device. Or give one to your kids to use as an American Girl Doll accessory.

The device starts at $349 and pairs with your existing phone, but comes with an additional $10 charge since it has its own cellular radio. Palm syncs with Android and iOS and is currently available in the U.S. exclusively through Verizon.

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Remote job search site literally copied & pasted competitor’s entire site

(TECH NEWS) What happens if someone copies and pastes your site into their own site, then charges users for it? Besides rage… ?

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Despite the fact that plagiarism has been a no-no with very serious potential consequences since middle school for most people, some folks didn’t get the memo. One group of individuals even went so far as to copy a competitor’s entire website and publish it as their own, raising the question: just how much idiocy do you have to remain alert for?

This egregious case of copy-and-paste innovation started when a new company by the name of Jobscribe went live on Product Hunt. After spending some time in the spotlight, the company’s apparent plagiarism was brought to light by Product Hunt user Robert Williams in a review left on the Jobscribe announcement page – Jobscribe had duplicated Williams’ site Folyo — right down to the site copy and testimonials — and published the content on their own domain. Then had the gall to announce their launch on Product Hunt.

You can’t make this stuff up.

It’s easy to look at what happened to Folyo as an isolated incident, but this kind of “sharing of ideas” happens to businesses on a much more frequent basis than one might assume. In an era where everything is online and innumerable new sites are published every second, it’s all too easy for a competitor to steal your hard work and publish it as their own service.

Sadly, there isn’t much you can do after the fact; besides reporting the site to their web host for plagiarism and making a visible statement on your site (and social media if applicable), you’ll simply have to wait for the “competitor” to have their version of your content taken down. Steps you can take to mitigate some of the damage before instances like this even happen include patenting your service and brand before going live, but that won’t help you if you’re already a victim of plagiarism.

If you visit the Jobscribe website, it’s gone, and you get a note from GoDaddy that the site is parked. Adios.

Not so fast – if you visit the Jobscribe page on Product Hunt now, you’ll find that the page redirects to something called Worklead, a service which offers a functionality similar — though this time, not identical — to Folyo’s original purpose. Additionally, users have complained that the “free” service costs $5 (not a large sum, but indicative of the continued shady tactics the company employs).

Unfortunately, while the site’s copy has clearly been changed (arguably for the worse), the damage is done with little in the way of recourse for Folyo’s creator, and there’s no reason to believe that Worklead’s services will offer clients anything other than a lighter wallet.

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Facebook Ads Manager unreliability keeps dumpster fire rep alive

(SOCIAL MEDIA) The Facebook Ads Manager isn’t exactly reliable, refunds aren’t offered, and social media practitioners hate the (still) necessary evil.

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If there is one thing upon which we can rely when it comes to Facebook, it’s disappointing us. Sure, it is clear that the platform has done amazing things to connect people from all over the world. It allows the sharing of passions, photos, ideas, lifestyles, and pointlessly hilarious memes. But we have all glimpsed the dark underbelly of the social media giant.

Facebook regularly shows us the ugliest side of ourselves. This is a topic that is covered ALL. THE. TIME. How many of us have expressed our regret that Auntie posted insensitive views with the same pride she shares her great-grandchild’s first touchdown in the junior divisional beauty pageant and peewee football game?

But the content created by users is not Facebook’s latest letdown.

Ad buyers are regularly unable to see the analytics of their campaigns. For example, on October 29th, a number of digital media professionals found the Facebook Ads Manager to be unresponsive for hours. This lapse in availability is devastating to those who purchase ad space. This was aggravated by the fact that many campaigns were time sensitive, as they focused on the midterm elections.

Further, online advertisers rely on instant feedback and data to inform their next decisions. Many have expressed that the October 29th outage is a fairly regular occurrence with Facebook and continues to make their jobs nightmares.

Additionally, refunds were not offered for the time advertisers had purchased and not been able to use.

This recent occurrence appears to be the longest shutdown of FB Ads Manager, contributing to the dumpster fire of a reputation Facebook ads have cultivated.

We continue to ask – how can such a wealthy and dominating platform not get this issue into check? Or is it part of a broader design to lower expectations and soak up money like an adult child living in their parent’s basement, with no end in sight?

Facebook continues to decline commenting on their unreliability. Perhaps they know that all the Baby Boomers and Gen Xers will continue to use, share, swoon, and offend regardless of internal issues, and that advertisers will not (for some time) be able to subsist without reaching these groups.

For now, it seems Facebook is still in the driver’s seat. Whether or not they know how to drive this dumpster on wheels is another matter.

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