Finding patterns in data in retailing. You just can’t make this stuff up – see the article: How Alibaba is using bra sizes to predict online shopping habits – women that purchased larger bra sizes also tended to spend more overall:
Category Archives: IT
The “Global Risks 2012” report outlines three major global risks:
1. “Seeds of dystopia” – “imbalance between populations of young people with few job prospects, growing numbers of retirees putting pressure on state-run retirement plans and the growing gap between rich and poor.”
2. “Unsafe safeguards” – “’Individuals are increasingly being asked to bear risks previously assumed by governments and companies to obtain a secure retirement and access to quality health care’; The threat of inappropriate or overzealous regulation is another big risk.”
3. “The dark side of connectivity” – “’The Arab Spring demonstrated the power of interconnected communications to drive personal freedom, yet the same technology facilitated riots in London.’”
This being from the World Economic Forum crowd (soon to be meeting again in Davos, Switzerland – 3 cantons removed from my old stomping grounds in Luzern/Lucerne), you should not be surprised to note that it is occasionally a bit self-serving, but the points raised are well worth thinking about.
I suspect that this would make most current Facebook users uncomfortable…
“Any data which is housed, stored or processed by a company, which is a U.S. based company or is wholly owned by a U.S. parent company, is vulnerable to interception and inspection by U.S. authorities. “
Want cheaper broadband and communications? Allow more competition…
Why bother using them for advertising?
“you are 31.25 times more likely to win a prize in the Mega Millions than you are to click on a banner ad.” Not only that, “you are 87.8 times more likely to apply to Harvard and get in…112.50 times more likely to sign up for and complete NAVY SEAL training…279.64 times more likely to climb Mount Everest…and 475.28 times more likely to survive a plane crash than you are to click on a banner ad.”