thinks about it, but ...” – Anonymous (Big data consultant ?) • “Big Data = Hadoop” – Job Seeker (or Head Hunter) • “Big Data starts at 5 TB” – Hadoop Vendor (or IT Manager) • “For every 2°C up, ice cream sales go up by 2%” – CEO, Big Data Start-up (seeking funding probably) • “Big data really powers everything we do” – CTO, Big Data Company (pre-IPO ?) • “Big data will never give you big ideas” – Skeptic (maybe researcher) Big What ?
whole sections of Digital Economy ◦ digital advertising : ~$40B in 2013 and growing by > 15% YoY • Brick & mortar companies to follow • Mostly prospective though… ◦ $1 spent generates $0.5 revenue for most projects ◦ $1 trillion growth potential ◦ 165,000 positions in “deep analytics”
learner ◦ “big” training corpus ▪ split/replicate onto N machines ◦ extract features ▪ hashing trick : project to fixed size space ◦ learn N models ▪ e.g. SGD, RandomForests etc ◦ average N models for prediction ◦ recipe available here