Sessions at Strata Summit 2011 about Economics on Wednesday 21st September

A central story of the web is how ubiquitous high-speed communication lowered the cost of group creation and led to things we now call web 2.0 and the social web. There is an analogous story happening in data science. The dual innovations of Hadoop and elastic utility computing have dramatically changed the economics of data processing. The impact of these changes will be as profound; we will be grappling with them for many years to come. This talk explores these changes through the lens of several case studies of big data inside Amazon. Join us for a peek inside the unfolding data revolution.

This session is sponsored by Amazon Web Services

Are 80 year old measures of the economy still useful, and can the age of big data offer us better indicators against which to benchmark economic performance?

What billions of credit card transactions can tell us about the nature of habits, patterns of human movement, and the structure of urban economies.