Is Big Data a meme

>>1904776
Big Data is the basis of the future economy. Every new artificial intelligence breakthrough from now on is going to have more to do with large, well-maintained data sets than new or innovative algorithms, and AI is going to drive the future.

>>1904814
Ok but that does not mean it isn't a meme. What I want explain is that modelizing variables for predicting returns or variance of some outputs has no scientific evidence and does not prove that X scenario is probably going to happen

>>1904776
Yes, like every iteration of data analysis beforehand (BI, AI, Expert Systems, MIS, DSS, ...). That doesn't mean that you can't profit from that hype. And if data science and big data dies down, just wait a few years until a big consulting firm offers the next cool buzzwords which will change EVERYTHING!

>>1904776
Yeah it's a meme. The data concusluion is so often wrong, someday people will realize this.

>>1905268
So even it's a meme, will you recommend me to follow that way in my professional career?

>>1904776

Data science is the sexiest career at the moment. Get into it. Don't ask about "is it a meme", ask yourself: "Which businesses will want to use quantifiable data to make business decisions in the future". The answer is all of them.

>>1904776
data science is huge and is only getting bigger with great salaries out there if you want to be a wagecuck

Using data to find things out that we couldn't possibly find out by ourselves will and always will be valuable. I don't think anyone, especially not economy students, would add anything though.