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Data, data everywhere

March 30, 2010

This article appeared in Economist, I think as librarians we must be aware of the magnitude of this data superabundance.

Information has gone from scarce to superabundant. That brings huge new benefits, says Kenneth Cukier but also big headaches.

Excerpt:

The amount of digital information increases tenfold every five years. Moore’s law, which the computer industry now takes for granted, says that the processing power and storage capacity of computer chips double or their prices halve roughly every 18 months. The software programs are getting better too. Edward Felten, a computer scientist at Princeton University, reckons that the improvements in the algorithms driving computer applications have played as important a part as Moore’s law for decades.

In this special report

* Information has become superabundant
* Too much data
* Information is changing business
* How internet companies profit from online data
* Governments are becoming more open about data
* News ways of showing data
* The uses of information about information
* New regulations
* How machines deal with information
* Sources and acknowledgments

One of the burning issues of 21st century, Read and enjoy.

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