Big data and how it's taking over the world
Big data – It’s everywhere and affects every single one of us. Like a great deal of individuals I never really considered the impact of big data, I didn’t even consider the fact that I was a contributor towards it. The fact is every single little thing you do from googling a phrase to buying a pair of shoes off eBay to liking someone’s Instagram photo generates data. “Every medical procedure, credit application, facebook post, movie recommendation, fraudulent act, spammy e-mail, and purchase of any kind-each positive or negative outcome, each successful or failed sales call, each incident, event, and transaction-is encoded as data and warehoused” (Siegel, p.g.3). It was estimated in 2011 that there was approximately 1.8 zettabytes of data created and replicated (The Economist, 2012).
Siegel (2013, 4) states that, “As data piles up we have a genuine gold rush. The data isn’t the gold; data in its raw form is boring crud. The gold is what’s discovered there in.” We can measure, visualize and research so much more than we ever could. Big data is a currency across industry, as well as the sciences and social sciences. Business intelligence and data market feed predictive analytics including online behavioral data (Woodford, 2014). Big data has proposed the opportunity to understand customers and people and push products and ideas at them more effectively. Ebay is a great example of this. Every time you search for an item on eBay is retains that data so that the next time you enter the website it will display a home screen of items it predicts you might be interested in. I often search for brand new clothing under brand names that are normally out of my budget if bought from the actual clothing store. I opened eBay to test this theory and sure enough displayed on the home screen is woman’s clothing from brands I have previously searched.
Big data has the potential to be very useful however it can also be extremely dangerous. With more and more companies, corporations and individuals being able to easily access our personal information and interests privacy is fast becoming a thing of the past. There are 2464 words in the average Internet privacy policy and 1337 words in the declaration of independence (The Economist, 2012). When you research into these privacy settings its alarming how many people have access to your information even if you think you have set your profile or information to private. I believe big data can be very useful in certain circumstances however it worries me how long it will be until privacy is a thing of the past.
By Courtney Day
Reference List:
Siegel, Eric. 2013. “Introduction – The Prediction Effect.” In Predictive Analytics, 1-16. Hoboken, NJ: John Wiley and Sons Inc.
The Economist. 2012. The Dark Side of Big Data. YouTube video, posted 26 June. Accessed 11 May, 2014.
Woodford, Darryl, Katie Prowd and Axel Bruns. (forthcoming). 2014. “Telemetrics: Towards Measuring Social Media Engagement with Television.”












