Data used to be considered boring. It was the domain of engineers (think protractors), organic chemists, accountants, actuarial scientists. Now, thanks to massive server farms, clever algorithms and machine learning, data has become the lifeblood of Silicon Valley and the foundation of huge personal fortunes.
To understand these changes read a recent article in the Harvard Business Review which chronicles the emergence of big data as “the sexiest job of the 21st century.” Even more telling, check out the recent TED talk below by Jameson Toole of MIT’s Human Mobility & Network Lab. The gleam in his eye speaks volumes about the irresistible allure of big data to scientists, entrepreneurs and speculators of our time.