Big data: limits and pitfalls
Big data – i.e. the large scale collection, combination, interpretation and analysis of a diverse set of data sources in order to derive useful information – is taking the world by storm. It is considered the cure-all of a diverse set of hard societal problems. Although in specific instances the proper collection and analysis of data can be tremendously useful and worthwhile, there are many limits and pitfalls to the application of big data one should be aware of.