Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data

By Brian Womack and Trish Regan | November 25, 2013

  • November 25, 2013 at 11:18 am
    JIM JENSEN says:
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    ANALYTICS IS CHANGING HOW WE DO BUSINESS IN WAYS WE HAVE YET TO SEE. MACHINE INTELLEGENCE IS NOT A REPLACEMENT FOR HUMAN ANALYSIS BUT IT MAKES OUR HUMAN ABILITY TO UNDERSTAND CORRELATIONS AND PATTERNS IN WAYS THAT ARE TOO COMPLEX TO FIND WITH HUMAN INTUITION. WHAT WE THINK IS REAL IS OFTEN DRAMATICALLY CHANGED BY THE KNOWLEDGE WE REVEAL WITH THE SORTED DATA. THE FACTS IN THE DATA ARE NOT FOUND, RATHER IT EMERGES.

  • November 25, 2013 at 12:44 pm
    Milner says:
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    Didn’t Google’s Schmidt lambast the NSA for its use of big data?

    • December 3, 2013 at 10:28 am
      ExciteBiker says:
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      What was lambasted is that, despite Google’s cooperation with specific legal requests, the NSA went ahead and secretly helped themselves to the whole honey jar.

      And if you don’t think Android’s 80% OS market share gives Google, combined with an A.I. such as IBM’s Watson, an outsized opportunity to severely disrupt the insurance industry, you have your eyes closed.

      • March 6, 2015 at 4:24 pm
        County Line says:
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        Chilling. Big Brother doesn’t always come in government form.

  • April 8, 2014 at 1:11 pm
    CarKnopf says:
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    https://www.youtube.com/watch?v=SUoCHC-i7_o
    IBM CEO Ginni Rometty discusses the use of big data and the ways in which organizations are learning to compete in a new landscape.



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