Wednesday, April 02, 2008

More data usually beats better algorithms

This article pinpoint something that has been true for a long time: more data usually beats better algorithms. Therefore, assuming that the data mining algorithmns are not the issue (assuming good science behind them, which I have found in all the major software vendors), the issue then becomes the quality of the interactive visualization tool that allows end-users to make better decisions. Fed Chairman Bernanke, when at Princeton, published a paper that is complimentary to this issue.

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