Archive for October 2015

MIT algorithm emulates human intuition in big data analysis

Max Kanter, who created the algorithm as part of his master’s thesis at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), entered the algorithm into three major big data competitions. In a paper to be presented this week at IEEE International Conference on Data Science and Advanced Analytics, he announced that his “Data Science Machine” has beaten 615 of the 906 human teams it’s come up against.

The algorithm used raw datasets to make models, predicting things such as when a student would be most at risk of dropping an online course, or what indicated that a customer during a sale would turn into a repeat buyer.

Kanter’s algorithm seems to do a decent job of approximating human “intuition” with much less time and manpower, he hopes it can provide a good benchmark.

More from the Washington Post by clicking here.

Online Dating Made This Woman a Pawn in a Global Crime Plot

According to the Internet Crime Complaint Center, American victims of online romance scams elrodlost more than $87 million in 2014 (compared with just $50 million in 2011). The intimate details of one woman’s foray into an online relationship that resulted in victimization are fascinating…

Click here for the juicy details from Wired.

If you counted all the bits in one petabyte at one bit per second, it would take 285 million years.

nuff said!  it’s all about the data!