Wednesday 4 May 2011

BBC Radio 4/World Service, In Business on "For your information"

Broadcast last week: in the 'In Business' series, so is focussed on the role of information to business - information as a commodity; trading, marketing etc - but draws on Gleick for some broader insights.

Deloitte's consultant Robert Hillard: "The value of data drops by approximately half within the first 50 milliseconds of its generation"

Peter Moss of Thompson Reuters: ...the difference of a fraction of a millisecond... (with the use of computers in trading) ... "Using computers to extract meaning from text"

'Retargetting' - collecting data from the internet search records of people and using this for customised adverts. (Peter Day says: "Do you do any work on how annoying you are?")

Data/information: 'information is in the context of the business'.

Mark Little from Storyful Dublin based news organisation using social networks. Using people to 'liberate the wisdom that is in the data'.

Caroline Webb, co-author of "Recovering from information overload: Always-on, multitasking work environments are killing productivity, dampening creativity, and making us unhappy."

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