Doug Vining Data for your algorithm

That's why Google, the king of the algorithm, is getting into home automation, robots, driverless cars and maybe drones. The internet of things, or as we prefer to call it the 'Internet of Everything' will drive the next data tsunami, with billions and then trillions of connected devices and 'enchanted objects'. And we all know that any good algorithm needs good data, and lots of it.
A FuturesForum post (titled: "Data for your algorithm") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=558dec04-a212-40af-86db-c14ed1797bc8
Posted: 12 March 2014 at 16:10

Doug Vining What do you offer the customer who has access to everything?

That's the challenge facing the global player in the digital age. And algorithms are the answer.

This article from the Atlantic takes a look at the Algorithm Economy, and how it's shaping our lives as consumers.
A FuturesForum post (titled: "What do you offer the customer who has access to everything?") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=8b728751-6357-4d85-86b3-e98651eaf6ff
Posted: 13 March 2014 at 06:52

Neil Jacobsohn What do you offer the customer who has access to everything?

Great article - and it highlights that simply recommending what your algorithm thinks people will like is no longer enough. The challenge of Big Data is to build a real, dynamic profile of customers, and deliver proper personalised recommendations and service to them. Amazon needs to up its game!
Posted: 13 March 2014 at 10:58

Doug Vining You are where you Tweet

As we speculated in this MindBullet, the future is algorithm shaped. Now IBM has an algorithm that predicts where you live, using your tweets as input.
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Posted: 24 March 2014 at 14:33

Doug Vining Are you a servant or driver?

"Gourley said that there are two types of relationships we are already used to, where we are the product or the owner. We are the product on sites like Facebook, where algorithms match us with ads. We are the owner when we subscribe to a service that serves up content we would like or automatically does a task for us.

Then there are two emerging categories: servant and driver. Humans may soon perform the small tasks that algorithms can’t do, making them what Gourley labeled “techno serfs.” As drivers, they will use algorithms to augment their own abilities."

Are we slaves to big data and the algorithms, or are we creating our ideal future with innovative technology that improves our lives?
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Posted: 15 April 2014 at 11:59

Doug Vining Data, the disease

Yes, even retail is being shaped by data and algorithms. Is that a good thing? Yes and no. When data confines us to a grey world of ever-repeated relevance, self-fulfilling recommendations and predictable patterns of behaviour, then perhaps it has become a disease. For which we obviously need an 'analogue bullet'.
A FuturesForum post (titled: "Data, the disease") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=8b2c2da7-59ac-49af-8b3b-ade8c09a1642
Posted: 3 September 2014 at 12:54

Wolfgang Grulke Data, the disease

Doug, you say 'even' retail is being shaped by big data. Retail was one of the first industries that relied heavily on big data to understand consumer trends!
Posted: 3 September 2014 at 13:12

Doug Vining Data, the disease

You're right, but now retail is being shaped more actively by realtime data, and marginal products are being sidelined. But that gives the long tail more white space in the 'alternative' channels.
Posted: 3 September 2014 at 18:20

Doug Vining Age of the algorithm

We've been discussing the coming age of the algorithm in client sessions this week, and it's certainly a hot topic. Here's an article in New Scientist that points out the pitfalls and problems when no one is in control, except the machines.
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Posted: 13 February 2015 at 09:15

Doug Vining Smart machines directing your future

Increasingly, artificial intelligence and smart systems are dictating which choices we are offered, and modifying our behaviour through subtle nudging; this is happening more often than we realise, and could be the start of a digital global consensus.

Resist the virus!
A FuturesForum post (titled: "Smart machines directing your future") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=0745c36c-30f8-4374-95a5-97b5444343ca
Posted: 5 December 2018 at 13:40
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