Digging for Digital Gold

Edward Wilson, in his book Consilience: the Unity of Knowledge, wrote “We are drowning in information, while starving for wisdom.” Despite the tons of information available to us almost instantaneously over the internet, it still takes the same amount of time to make sense of anything as ever. Humans have been manually extracting meaning from data for centuries – that’s basically what statistics are used for. But with the numerous petabytes of data being generated every day, manual analysis just isn’t an option – that is of course where computers come in and data mining begins.