Wednesday, October 10, 2012
By Brian Horne
Last week’s episode of OTM featured an interview with Nate Silver discussing some of the central themes and ideas in his new book,The Signal and the Noise: Why So Many Predictions Fail but Some Don't. Silver suggests in the book’s introduction that the problem of discerning signal from noise is one of particular importance in an age of “Big Data,” an era of increasingly powerful publishing and communications technologies. “[If] the quantity of information is increasing by 2.5 quintillion bytes per day,” he writes, “the amount of useful information almost certainly isn’t. Most of it is just noise, and the noise is increasing faster than the signal.”
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