Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in it's entire print collection, right? But most of it is like cat videos on YouTube or thirteen-year-olds exchanging text messages about the next 'Twilight' movie.
Nate SilverI don't think that somebody who is observing or predicting behavior should also be participating in the 'experiment.'
Nate SilverWe want to get 80%-85% of predictions right, not 100%. Or else we calibrated our estimates in the wrong way.
Nate Silver