Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: If You Want Trust in Washington, Get a Database?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > If You Want Trust in Washington, Get a Database?
Predictive Analytics

If You Want Trust in Washington, Get a Database?

Robin Carey
Robin Carey
6 Min Read
SHARE

Trust is all. I listened yesterday to some very smart people talk about transparency, data, government and even how predictive analytics might replace investigative journalism. Each of the very smart talking heads (writer Steven Baker, technology expert Stephen Brobst, transparency expert Steve Horn from Dow Jones) acknowledged that ultimately to be able to effectively use this data, the keepers of the data, or The Numerati as Baker calls them, will also need to deliver trust. (This is at a luncheon sponsored by our client, Teradata, at their annual users’ conference, in Washington, DC.) Trust drives data-based decision-making, not only in being able to believe the information that accumulated data delivers but more importantly, in gaining the acceptance of real human beings to accept the conclusions that data predict.

Baker discussed what impact business intelligence, when used pro-actively, could have when applied to solving large-scale problems like the current crisis in health care… a huge topic these days in Washington. But he also ventured, somewhat off-handedly, a view on his personal situation as a long-term and respected journalist now facing the sale of his magazine, …

Trust is all. I listened yesterday to some very smart people talk about transparency, data, government and even how predictive analytics might replace investigative journalism. Each of the very smart talking heads (writer Steven Baker, technology expert Stephen Brobst, transparency expert Steve Horn from Dow Jones) acknowledged that ultimately to be able to effectively use this data, the keepers of the data, or The Numerati as Baker calls them, will also need to deliver trust. (This is at a luncheon sponsored by our client, Teradata, at their annual users’ conference, in Washington, DC.) Trust drives data-based decision-making, not only in being able to believe the information that accumulated data delivers but more importantly, in gaining the acceptance of real human beings to accept the conclusions that data predict.

More Read

The Role of Standards in Predictive Analytics: A Series
PAW: Cross Industry Challenges and Solutions in Predictive Analytics
Perfect Information Doesn’t Equal Perfect Predictions
Target, Pregnancy, and Predictive Analytics – Part I
Last call for papers for Business Rules Forum/EDM Summit 2009

Baker discussed what impact business intelligence, when used pro-actively, could have when applied to solving large-scale problems like the current crisis in health care… a huge topic these days in Washington. But he also ventured, somewhat off-handedly, a view on his personal situation as a long-term and respected journalist now facing the sale of his magazine, BusinessWeek (for whom we at SMT have had a client relationship) to Bloomberg. He sees the kind of predictive quality of intense data analysis eventually taking the place of investigative journalism.

Which brings us to government, and the odd position that people like our panel take when they espouse the belief that data mining will also shape government policy, the frequent target of the best journalist watch-dogs. I’m not one to defend traditional media business models, but who will be the watchdogs if the watchdog is an algorithm? Steve Horn partially addressed this issue by speaking about how comments to existing data, if it is transparent, could act as a curb to legislative blunders and excesses.

The panelists were particularly focused on how healthcare decision-making could be made more specific to individual behaviors and thus more predictable, and without the redundancies that lead to cost. Fair enough. But I couldn’t help but wonder how the whole mistaken controversy over “death panels” could be twisted into some new form of propaganda when machines determine such things as my likelihood to contract a lifestyle disease and consequently, some greater tax penalty. The problem, dear Brutus, is not in our data but in ourselves, and that brings me to the trust issue. While in theory reinforcing positive behaviors based on data works with selling you botox if you’ve indicated to facebook that you’re over 50, I’m not sure, yet, what incentives to good behavior might work in health care if they are in turn associated with penalties for bad. The Oregon case study conducted with a grant from Intel of the “healthy aged” was mentioned as an example of pro-active health modeling, and Brobst has obviously thought through a “roll-out strategy” involving influential(s) (Cleveland Clinic, Mayo — a thoughtful approach for whatever health “plan” predictive analytics might suggest.

Steve Horn admitted that currently there is no infrastructure in place to build “trust” — which he defines as getting information that is accurate, timely and complete, although he favors passage of HR 1242, better known as the Transparency Act, which aims to make TARP data more available faster. It’s easy to use shopworn clichés about genies and bottles when it comes to making data-based decisions for life and death issues, but it’s safe to assume that no amount of transparency alone can address the kind of breakdown in public trust that characterizes the current debate.

TAGGED:stephen bakerteradatatransparencytrust
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

protecting patient data
How to Protect Psychotherapy Data in a Digital Practice
Big Data Exclusive Security
data analytics
How Data Analytics Can Help You Construct A Financial Weather Map
Analytics Exclusive Infographic
AI use in payment methods
AI Shows How Payment Delays Disrupt Your Business
Artificial Intelligence Exclusive Infographic
financial analytics
Financial Analytics Shows The Hidden Cost Of Not Switching Systems
Analytics Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

First Look – SAS In-Database Analytics

6 Min Read

Want Magic? Spill the Secrets of Your Black Box

4 Min Read

Accuracy not just confidence – some thoughts after attending SAS Global Forum 2009

6 Min Read

When the data point tells a different story

4 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?