The Future Fabric of Data Analysis(simonsfoundation.org)
simonsfoundation.org
The Future Fabric of Data Analysis
http://www.simonsfoundation.org/quanta/20131009-the-future-fabric-of-data-analysis/
4 comments
Original article (2013):
http://www.wired.com/2013/10/computers-big-data/
It's completely OT, but as a financial controller I always say this: we are facing issues also in "small data". Some problems are similar to those described in the article, especially regarding integrating different structured datasets. And we all know how small data is handled, still in 2014: lots and lots of hours on spreadsheets and then on power points.
A few of the people mentioned in the article are being funded by DARPA to create open source, next-gen "big data" tools as part of its XDATA program: http://www.darpa.mil/OpenCatalog/XDATA.html
Most times, it isnt really about how much calculations you make because the permutations and combinations are almost infinite and one could never yield anything useful with the current state of computing.
Data and their relationships are really the key.