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This page contains all of the posts and discussion on MemeStreams referencing the following web page: At The Foot Of An Unfathomable Mountain. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

At The Foot Of An Unfathomable Mountain
by noteworthy at 7:38 am EST, Nov 27, 2010

Eric Schmidt:

You get a billion people doing something, there's lots of ways to make money. Absolutely, trust me. We'll get lots of money for it.

William Gibson:

Google is not ours. Which feels confusing, because ... Google is made of us ...

Andrew Dermont:

Consumers today are knowingly and unknowingly providing businesses with more data than they've ever been capable of collecting before. Internet entrepreneurs, privacy analysts, and business consultants alike believe that for the next fifty years, capitalism around the world will (for better or worse) be focused on sussing out what all this data actually means.

Our growing use of digital technology is creating so much "data exhaust," as industry insiders call it, that entire economies are and will continue to form purely around the collection, preservation, protection, implementation, and -- most importantly -- understanding of our data.

No one knows how long it will take before businesses begin implementing the kinds of complex feedback systems that biologists see in nature, but for now one thing is for certain: the world is sitting at the foot of what will continue to be an unfathomable mountain of data with the potential to profoundly revolutionize much more than just the way that businesses target us with pesky advertisements. There is already so much data, in fact, that the very thought of beginning to mold it into useful information is enough to make one throw their hands up in the air and give up.


Money for me, databases for you.

IBM's Jim Cortada:

Think about data like a whole bunch of sheep on a hillside -- you gotta get them in. Herders use dogs. Businesses are increasingly using software to get the data herd in.

We are almost at a point now where trying to do an inventory on all this data is almost a superfluous exercise. It's like trying to count all the stars in the sky.

Jules Dupuit:

Having refused the poor what is necessary, they give the rich what is superfluous.

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