Tomorrow, Berkeley will host a workshop on Big Data: Values and Governance, the third in the White House’s public events around big data and privacy. As part of this discussion, Chris Wolf presented a “soap box” presentation on big data today. He suggested a few high-level recommendations, including the need to “fully take stock of the benefits in performing a cost-benefit analysis” around big data.
“It is hard to do a cost-benefit analysis if we are only talking about the costs. Researchers, academics, and industry are using big data to deliver big benefits. We need to understand and promote those benefits so that we can more reasonably evaluate whether and how to address the risks that may arise,” he said.