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A: Brooklyn, New York, United States

Nate Silver Says We Generate Enough Digital Data Each Day to Fill a Billion Books of 10 Million Pages Each

10/23/2012

"Today the data we have available to make predictions has grown almost unimaginably large: it represents 2.5 quintillion bytes of data each day, Mr. Silver tells us, enough zeros and ones to fill a billion books of 10 million pages each. Our ability to tease the signal from the noise has not grown nearly as fast. As a result, we have plenty of data but lack the ability to extract truth from it and to build models that accurately predict the future that data portends" ("Mining Truth From Data Babel. Nate Silver’s ‘Signal and the Noise’ Examines Predictions"  By Leonard Mlodinow, NYTimes.com 10-23-2012).

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