Quotes About Data

The data are what matter in economics, and the more ruthlessness that an economist can summon to make sense of the data, the more useful his findings will be.

Rob Engle and I are concerned with extracting useful implications from economic data, and so the properties of the data are of particular importance.

If the government can manage to collect and release personal information in a secure and useful way, so can private companies, which will empower consumers to become better shoppers.

Machine learning and artificial intelligence applications are proving to be especially useful in the ocean, where there is both so much data - big surfaces, deep depths - and not enough data - it is too expensive and not necessarily useful to collect samples of any kind from all over.

If an NSA, FBI, CIA, DIA, etc analyst has access to query raw SIGINT databases, they can enter and get results for anything they want. Phone number, email, user id, cell phone handset id (IMEI), and so on - it's all the same.

We want to ensure that as a user is moving through their world, their data is following them in an appropriate manner.

The whole concept of data science is that the software becomes the expert, and you, as the average user, are able to understand what's going on.

Armed with nothing more than a Facebook user's phone number and home address, anyone with an Internet connection and a few dollars can obtain personal information they should never have access to, including a user's date of birth, e-mail address, or estimated income.

Remember the early days of the Net, when everything was going to be open and free, and we were all going to share information in a techno-utopia? That was great until people realized that their user data could be turned into gold. Now there are billions at stake, and nobody is playing nice anymore.

The bread and butter of any internet service is user behavior.

The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.

Facebook is by far the largest of these social networking sites, and starting with its ill-fated Beacon service, privacy concerns have more than once been raised about how the ubiquitous social networking site handles its user data.

Dropbox looks really simple to the end user and is extremely magical and just works. But under the hood, the complexity of the technology is huge. The amount of work it requires to store, scale and move this data is pretty intense.

As a Facebook user, do I have control of the data Facebook keeps about me? Concretely: can I examine and modify that data using tools of my choosing which are built for my needs?

This is where the world is going: direct access from anywhere to any type of data, whether it's a small piece of data or a small answer but a long algorithm to create that answer. The user doesn't care about this.

We had a bunch of models for user adoption of Robinhood Gold. The data team had some silly names for a range of adoption levels: 'Mediocre expectations,' 'middle-of-the-road expectations' and 'great expectations.' The numbers we ended up with were significantly higher than 'great expectations.'

Hard numbers tell an important story; user stats and sales numbers will always be key metrics. But every day, your users are sharing a huge amount of qualitative data, too - and a lot of companies either don't know how or forget to act on it.

I think it's pretty obvious to most people that Napster is not media specific, but I could see a system like Napster evolving into something that allows users to locate and retrieve different types of data other than just MP3s or audio files.

Decentralized consensus technology will reach the mainstream when products are built that both empower consumers to take control of their own data and also offer users great UXs.

You can collect Facebook data legally with the consent of the Facebook users and the consent of Facebook.

As many of my colleagues know, TikTok, like other Chinese companies is required under Chinese law to share information with the government and its institutions. There are real concerns that this app could also collect information on users in the United States to advance Chinese counter-intelligence efforts.

In a perfect world, we would have put users in control of their information when the Internet was first created.

Here is one iron law of the Internet: a social network's emphasis on monetizing its product is directly proportional to its users' loss of privacy.

TIA was being used by real users, working on real data - foreign data. Data where privacy is not an issue.