Quote

Data is the new oil.

The people who are thinking most about big data right now are corporations and governments.

I'm going to say something rather controversial. Big data, as people understand it today, is just a bigger version of small data. Fundamentally, what we're doing with data has not changed; there's just more of it.

Big data is going to make us all healthier.

Big Data is just that - big. But, it's a term that is largely misunderstood and difficult to explain.

But they are not going to take on Big Oil because Big Oil is very generous at campaign time, and this is all about the elections. They want to pretend that they are doing something meaningful.

The fact is that data are worth a lot of money.

Most of 'big data' is a fraud because it is really 'dumb data.'

The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make.

The rise in world oil prices has been larger than anyone forecast.