Revisiting John Thackara's great rejoinder to the insurance industry on why trust is not an algorithm:
"My biggest concern with Big Data is the prospect that they will give managers and policy makers a sense of being in control when such confidence is not justified...[Big Data] capture information about transactions in the formal economy where they are most easily monitored. This focus obscures most of the world’s economic activity, which is informal."
"My biggest concern with Big Data is the prospect that they will give managers and policy makers a sense of being in control when such confidence is not justified...[Big Data] capture information about transactions in the formal economy where they are most easily monitored. This focus obscures most of the world’s economic activity, which is informal."
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