Michael Woods
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- Milken Institute1h 3m
The Data Science Revolution
Tim O'Reilly, Frank Adante, Tim Donke, Keith Collins, Michael Woods
At the 2014 O'Reilly Strata conference, industry leaders from Rubicon Project, eBay, SAS, and IASDI discussed how big data is shifting from simple volume analysis to complex, real-time applications across sectors like agriculture, healthcare, and advertising. The panel highlighted a technical pivot toward in-memory computing and algorithmic cross-pollination to operationalize insights while addressing critical challenges in data privacy, security, and the distinction between correlation and causality. Ultimately, the event concluded that the future of data science relies on enterprises owning their processing while trusting "black box" algorithms to drive predictive maintenance, precision medicine, and automated decision-making.