Professors at the Massachusetts Institute of Technology say privacy remains a “big stumbling block” to effectively using Big Data, The Wall Street Journal reports. MIT’s Andrew Lo, Dimitris Bertsimas and Alex “Sandy” Pentland are building Big Data models to predict financial market shifts and crime and improve healthcare outcomes, the report states, but run into privacy issues when it comes time to analyze the data. There are also concerns about individuals being profiled based on Big Data findings. Meanwhile, Amsterdam’s ZyLAB has published a whitepaper warning IT decision-makers about “the dark side of Big Data.” (Registration may be required to access this story.)
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