Audible obsessed lifelong learner.
The Signal and the Noise talks about why schemes to beat Wall Street or take down Vegas fail miserably. The noise is what Rumsfeld called "Unknown Unknowns" or Will Rogers called "What we know that ain't so". Things we just fail to comprehend or things we think we know but don't understand correctly. Signals are the true underlying causes that if understood can lead to good predictions. It it was easy, everyone would beat the market and Vegas would be a dust town.
The future will be defined by N = All data sets full of messy data for sure but the messiness can be overcome by volume. Making since out the the data exhaust that was once thought of as noise is where the value is gained. The amount of data continues to grow but new big data solutions allow for mining that data for true gems of knowledge laying beneath the data. Big Data grapples with the promise of this future as well as a cautionary tail of how this could lead to the Big Brother world Orwell warned us about.
The author makes the argument that cutting age inventions like IBM's Watson Jeopardy champion, Google self driving cars and augmentation technologies for things things like vision and hearing are just warm up acts for the massive innovations that the second digital age will bring about. He then does a great job of ores anti g both the utopian Kurzweillian singularity view of the bight future ahead as well as the doom and gloom Ludite view of as Keynes called technological unemployment that will come about as we all struggle to keep ahead of the sun setting of jobs robots will be able to do more reliably and cheaper. The author explores variations on guaranteed income that will be required as the machines take over the average jobs that lead to a widening gap between the smaller minority haves and the majority have nots. This is certainly a optimistic leaning wake up call at what our future may hold that is a very thought provoking read.