yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Birth of Datafication


2m read
·Nov 4, 2024

Processing might take a few minutes. Refresh later.

Datafication refers to the fact that we're looking at more aspects of life that we never actually understood as being informational before and finding out that, in fact, there's an informational quality to it that we can render into a data format.

So what we're seeing with social media companies is they're actually datafying aspects of the life that we never really saw that could be datafied. For example, Facebook datafies our friendships, Twitter datafies our whispers, or maybe our stray thoughts, and LinkedIn datafies our professional context.

More and more, we're seeing that we're able to take the daily interactions of living things that we never really saw that could be rendered into a data format, and we're putting them into data formats now.

What does this mean in the big picture? The fact is we're just at the outset of the Big Data era, so we're going to find out. But you can just use your imagination and think of some of the extraordinary uses. One way that we're doing it is looking at who contacts whom on Twitter and whose followers are, and we're able to identify that, and we've never known this before.

Subpopulations exist that are either immunized for the flu or are not. Now, it's a public health issue. The whole point of vaccinations is that you take a broad population, you vaccinate many but not all, and everyone is covered.

What we've just now learned with Twitter is that this idea of herd immunity might not be the case because there are whole subgroups of the population that all don't get vaccinated, yet they all hang out together, they do virtually, and we're seeing that those virtual ties are also physical ties.

I want to stress this; it sounds like it might be an intuitive thing. It's not! It sounds like this might just be a nice thing to know—it's deadly important, it's very serious, and it took data relationships and interactions to learn it.

So when you think about it in the grand scheme, what Big Data means is we are able to learn things about ourselves at the population level, at a huge scale, that we never could in the past. So, lots of different disciplines, in one case sociology, totally gets upended because in the past, you ran small studies on small groups. Now, you're looking at it on a population scale size...

More Articles

View All
Correcting a Dachshund's Bad Habit | Cesar Millan: Better Human Better Dog
All right, so this is the final challenge. It’s a sick sack of obstacles. Caesar works with Millie, a seven-month-old dachshund, whose habit of eating trash off the ground could have lethal consequences. This is serious; this dog can actually get hurt. Ca…
Michael Burry: How You Should Invest In 2022
Right, we bought basically short 8.4 billion of credit default swaps, um, related to mortgages or financial companies, and I was extremely confident in the outcome. Were your investors as confident? I know for sure that some of them thought I lost my mind…
Examples relating decimals and fractions in words
We are told to write seven hundredths as a fraction and a decimal. Why don’t you get some paper and a pencil out and see if you can do that before we do it together? All right, so let’s do it first as a fraction. So what is going to be the denominator of…
Warren Buffett's Latest Stock Market Moves! (Berkshire Hathaway Portfolio Update)
Well, it’s that time again. We’ve waited patiently for 45 days after the end of Q3, and thus Warren Buffett has released Berkshire Hathaway’s 13F filing. So, in this video, we’re going to be doing a deep dive into exactly what Warren Buffett has been buyi…
Why I'm Selling My Stocks
What’s up? Grandma’s guys here. So yes, to Tony, you saw is true, and I want to be completely transparent because it’s that time of the year to start cashing out of the stock market again. Now I know what you’re thinking, but Grant, you said that you woul…
Buy, Borrow, Die: How America's Ultrawealthy Stay That Way
Some of the very richest Americans pay little in taxes compared with how fast their fortunes grow each year. How? They use a tax strategy known as “buy, borrow, die.” It’s like the ultrawealthy are living on another planet. Average people need income to p…