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
Chain rule with the power rule
So we’ve got the function ( f(x) = (2x^3 + 5x^2 - 7)^{88} ) and we want to find the derivative of our function ( f ) with respect to ( x ). Now, the key here is to realize that this function can be viewed as a composition of two functions. How do we do th…
Revealing My ENTIRE $13 Million Investment Portfolio | 30 Years Old
What’s up you guys? It’s Graham here. So, a little over a year ago, I made a video breaking down in extreme detail every single one of my investments: how I started, how I built them up, how much money they make, and the lessons I’ve learned along the way…
Ray Dalio: The Changing World Order In 2022
Ray Dalio, he’s one of the most famous investors in the world, and just a few weeks ago, he released a 43-minute summary video of his latest book, which is Principles for Dealing with the Changing World Order. But what’s crazy is that video has already am…
Warren Buffett's Advice for Investors for 2024
I don’t know if you guys have noticed, but Warren Buffett has kept very quiet over the past six months. No media interviews, very few changes to his portfolio. The guy has been keeping well out of the spotlight. So much so that when his longtime business …
Escaping a Venezuelan Prison | Locked Up Abroad
Enjoy your first day release. As I walked through the doors, I couldn’t believe it. It wasn’t just some crazy dream. I might actually get away with this. My stomach’s churning over, tying itself up in knots. I got on the bus. I’m praying that I’m never …
Why Capitalism is the BEST System | Kevin O'Leary
Last week, Kevin, I discussed an Oxfam report that contained a startling statistic: that the world’s richest 85 people hold precisely the same wealth as the three and a half billion poorest people. Now, if you saw the show, you won’t be surprised to hear …