future of data nlb (18 dec 09 blog)
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Future of Data How can Singapore use data to give the economy a competitive edge?
National Library Board“Policy Making 2010 – Emergent Technologies”Friday, 18 December 2009
“Welcome to the Petabyte
Age.
Sensors everywhere. Infinite storage.
Clouds of processors. Our ability to capture, warehouse, and understand
massive amounts of data is changing science, medicine, business,
and
technology. As our collection of facts and figures grows, so will the
opportunity to find answers to fundamental questions. Because in
the era
of big data, more isn't just more. More is different.”
Wired, 2008
Collect Analyze Present OptimizeStore
The sensor goes
onto your running
shoe.
The receiver goes
onto the base of
your ipod.
The sensor tracks
your run, then
sends the data to
your iPod.
Syncing your ipod
with nikeplus.com
allows you to see
all your workouts
and analyse
them.
Workout
information is
presented in a
visually appealing
way.
You can set goals
with friends and
train together.
Getting value out of data
3 Data Trends1.
Advancement in
Information Technologies 2.
Rise of the Numerati
3.
Democratisation
of Data
Trend 1. Advancement in Information Technologies
Information is becoming increasingly digitized
In 2008, data from Web
sites, emails, RFID chips,
networks, YouTube
videos,
industrial processors, and
other sources soared to 487
exabytes.
In 2012, there will be 5 times
as many bits created or
captured and added to the
Digital Universe as in 2008
As the Economy Contracts,
the Digital Universe Expands,
IDC (May 2009)
Source: MediaFuturist
http://gerdleonhard.typepad.com
Trend 1. Advancement in Information Technologies
The explosion of online networks and data collection
1995 2000 2005 2010 2015 2020
Web 1.0 Web 2.0 Web 3.0
What can I find? What can I contribute? What do I need to know
here and now?
Twine Understands Your Interests
•
Discover information that matters to you
•
Collect and share bookmarks and other content
•
Receive recommendations based on your interests
Trend 1. Advancement in Information Technologies
Faster and cheaper computers
Source: NYTimes
Trend 1. Advancement in Information Technologies
The use of new tools for analyzing unstructured data and new approaches
Source: “Real Time Rome”, Senseable
City Lab
Hal VarianGoogle Chief Economist
I keep saying the sexy job in the next
ten years will be statisticians. People
think I’m joking but who would’ve
guessed that computer engineers
would’ve been the sexy job of the
1990s
Trend 2: The Rise of the Numerati
Who are the Numerati?
“A new math intelligentsia is devising ways to dissect our every move
and predict, with stunning accuracy, what we will do next. Their goal?
To manipulate our behavior – how we buy, how we vote, whom we
love – without our even realizing it. […] The Numerati
shows how a
powerful new endeavor – the mathematical modeling of humanity –
will transform every aspect of our lives.”
‐
Stephen Baker ‐
StatisticsApplied MathematicsQuantitative Methods
Econometric Time SeriesPredictive Modelling
Source: “Fastest Growing Occupations”, US Bureau of Labour
Statistics 2007
Low ($21,220‐$30,560)
Veterinary
technologists and
technicians (41.0%)
Medical assistants
(35.4%)
Gaming surveillance
officers and gaming
investigators (33.6%)
Social and human
service assistants
(33.6%)
Pharmacy technicians
(32.0%)
Dental assistants
(29.2%)
High ($30,600‐$46,300)
Makeup artists,
theatrical and
performance (39.8%)
Substance abuse and
behavioral disorder
counselors (34.3%)
Physical therapist
assistants (32.4%)
Forensic science
technicians (30.7%)
Mental health
counselors (30.0%)
Mental health and
substance abuse social
workers (29.9%)
Marriage and family
therapists (29.8%)
Environmental science
and protection
technicians, including
health (28.0%)
Very Low
(<$21,220)
Personal and home
care aides (50.6%)
Home health aides
(48.7%)
Gaming and sports
book writers and
runners (28.0%)
Manicurists and
pedicurists (27.6%)
Very High
(>$46,360)
Network systems and
data communications
analysts (53.4%)
Computer software
engineers, applications
(44.6%)
Personal Financial
Advisors (41.0%)Veterinarians (35.0%)Financial analysts
(33.8%)Dental hygienists
(30.1%)Computer systems
analysts (29.0%)Database
administrators (28.6%)
Computer software
engineers, systems
software (28.1%)
Physical therapists
(27.1.1%)Physician assistants
(27.0%)
Trend 2: The Rise of the Numerati
Numerati
jobs are the fastest growing and highest paying
1. The U.S. military
developed and
implemented GPS as a
military navigation
system, but soon opened
it up to everybody else. 2. This lead to an
explosion of the private
GPS market (companies
like Garmin).
3. This enables individual
drivers make smarter
driving decisions
Trend 3: The Democratization of Data
Democratizing data can create value
"Democratizing data makes it automatically available to those who need it (based on their
roles and responsibilities), when and where they need it, in forms they can use, and with
freedom to use as they choose ‐‐
while simultaneously protecting security and privacy.”
W. David Stephenson
Trend 3: The Democratization of Data
An Example: Stumble Safely
Trend 3: The Democratization of Data
Singapore launches SG‐Space
3 Ideas1. Singapore the Numerati
Nation
2. Singapore the Digital Designer3. Singapore the Smart City
Idea 1:
Singapore the Numerati
Nation
3 skills for Data
Geeks1.
Statistics (Studying)
2.
Data Munging
(Suffering)
3.
Visualisation
(Storytelling)
“The ability to take data—to be
able to understand it, to
process it, to extract value from
it, to visualize it, to
communicate it—that’s going to
be a hugely important skill in
the next decades, not only at
the professional level but even
at the educational level for
elementary school kids, for high
school kids, for college kids.
Because now we really do have
essentially free and ubiquitous
data. So the complimentary
scarce factor is the ability to
understand that data and
extract value from it.”
Hal Varian, McKinsey Quarterly
Jan 2009
Idea 1: Singapore the Numerati
Nation
Idea 2: Singapore the Digital Designer
Idea 2: Singapore the Digital Designer Source: http://wefeelfine.org
Idea 3: Singapore the Smart City Source: http://senseable.mit.edu/trashtrack/index.php
A 20% increase in the price of electricity reduces consumption by 1%
Providing feedback about electricity usage reduces consumption by 10%.
Smart Meters: Pilot Project in Marine Parade
Idea 3: Singapore the Smart City
Thank youfuturesgroup.wordpress.com
Topics presented are on‐going research and do not
represent official policy statements or directions.
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