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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. Attention is all you need What is the source of big tech market power? It’s not our data.

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7 famous analytics and AI disasters

CIO Business Intelligence

But a Zillow spokesperson told CNN that the algorithm had a median error rate of 1.9%, and the error rate could be much higher, as much as 6.9%, for off-market homes. In 2012, an analytics project by retail titan Target showcased how much companies can learn about customers from their data. Target analytics violated privacy.

Analytics 145
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How The Explosive Growth Of Data Access Affects Your Engineer’s Team Efficiency

Smart Data Collective

Businesses are producing more data year after year, but the number of locations where it is kept is increasing dramatically. This proliferation of data and the methods we use to safeguard it is accompanied by market changes — economic, technical, and alterations in customer behavior and marketing strategies , to mention a few.

Big Data 103
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Periscope Data Expands to Israel, Empowering Data Teams with Powerful Tools

Sisense

Similarly, Kyle outlined how Flexport , the world’s first international freight forwarder and customs brokerage built around an online dashboard, uses Periscope Data to analyze billions of records, and get answers in seconds. The company has integrated data analysis throughout its organization to power decision making.