…“big data” has not yet translated into widespread gains in economic conditions, human welfare or technological growth. Some individual companies and industries, and some branches of science, have employed data in constructive ways. But “Moneyball” stories are more the exception than the rule.
Journalism is far from the whole problem. Science, government, academia and the private sector also have struggled to find the signal in the noise. But journalism is our chosen profession. There is both a need for more data journalism and an opportunity to build a business out of it.
See on fivethirtyeight.com