There are times when I reckon I just don't get it. The world out there is different to the way I think, and I've got some sort of gap in my cognitive abilities. Last night's news about the WhatsApp purchase by Facebook (for anything up to a report $19Bn) was one of the those times, … Continue reading Bloody hockey sticks
Category: Cult of measurement
https://twitter.com/furtherfield/status/431407949672480768 In my lifetime I've known three meanings of the word "hack": to go at something with a sharp implement; to (criminally) break into computing resources that you shouldn't; and to botch a bit of programming to get it working, or just to see whether something might do. None of those definitions are particularly positive. … Continue reading Hacked off
My wife recently entered the world of the quantified self and wearable computing when she got a FitBit activity tracker. It's really interesting to see how quickly the device, the app, and the "10,000 steps a day" target has changed her behaviour. We are walking to places where before we would have driven. I'm … Continue reading The only person you’re cheating is yourself
Continuing a theme from a post I wrote earlier, I have been spending a bit of time today looking through Business Insider's encyclopaedic collection of data about all things digital (see for yourself here: http://www.businessinsider.com/the-future-of-digital-2013-2013-11?op=1)There's a lot of data. Much of it summarized into neat graphs. It's all very interesting.But what does it tell us about … Continue reading Trending nowhere
Nearly 17 years ago I was a member of a team that implemented the BBC's first data warehousing project. It gathered information from a number of operational systems, and then using a combination of products provided reports about the profitability of various products that the commercial wing of the organisation produced and sold. Technically … Continue reading Big data, little questions, cognitive biases
At university (distressingly some twenty-odd years ago now), I quite quickly realised that I was a qualitative, rather than quantitative, kind of guy. Oh yes, I knew how to live the student dream. To explain - I studied Sociology. And in the realm of the social sciences there is a long-standing debate about whether … Continue reading Qual not Quant
So the news is that Microsoft have decided that their infamous stack-ranked performance management and rewards system is to be retired. The news comes too late for many. Whilst there will be much coverage of the change, and much discussion about how tech companies manage performance and pay their employees, I expect little of it … Continue reading Ding dong the curve is dead
I'm currently about half way through Malcolm Gladwell's latest book, David and Goliath. The core of his thinking appears to be that where we often see the underdog as having disadvantage against the overdog, actually what are often regarded as advantages can be anything but. It's thought provoking, and as ever with Gladwell incredibly well … Continue reading The Malcolm Gladwell Effect
I've just seen a billboard advertising Lloyd's Bank, proudly proclaiming that they are "lending millions to first time house buyers every week". That sounds good, doesn't it? Well, let's unpick that number a bit. According to the BBC, the current average UK house price is running at about £242,000. First time house buyers wouldn't necessarily … Continue reading Big numbers, tiny numbers
I've spoken and written many times in the past about the folly of prediction. It's something that we are seemingly hard-wired to look for as a species (if someone can tell us the future, we mitigate away a whole series of risks); the people who predict the most extreme versions of the future are the … Continue reading The Watford Probability Index
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