The dismal failure of 'Big Data' | ZDNet:"After the financial meltdown in 2008, Alan Greenspan, the former Chairman of the Federal Reserve was asked questions by a Washington committee about how the crisis occurred.
He said all his financial models over the past 40 years were wrong.
Yet those models informed his adjustment of interest rates, and if they were based on wrong models, he likely harmed the economy, consistently, decade after decade.
It's truly an epic fail for Big Data."
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