The Graduate “One word: Analytics”

“Data, Data and More Data,” Wall Street Journal,  September 23, 2013 R3 http://on.wsj.com/1gSMrbn

The smart meters monitoring your electricity use have generated a lot of information over the past decade.  I guess that information is owned by the electric company, although there are some privacy implications. In any event, the companies have used it for “good,” helping to identify a malfunctioning pool pump costing the user an extra $100/month.

With the volume of data being collected, I couldn’t help but think of Dustin Hoffman in The Graduate.  Then the word was “plastics.”  Now the word is “Analytics.”

Is this a risk of misuse?  With great power comes great responsibility. (Spiderman, by way of Voltaire.)

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Filed under New Implications, Ownership, Risk, Use, Value

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