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Data Mining Briefly Explained
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Uhhh... (Score:2)
by Grip3n (470031)
on Saturday January 04, @03:52PM (#5015515)
(http://www.headstunt.com/)
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Note the prominent sticker ;)
Doesn't he mean "snicker"? ;)
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- No.. by Anonymous Coward (Score:1) Saturday January 04, @04:21PM
- Re:No.. by Eric Wayte (Score:1) Saturday January 04, @05:45PM
- Re:No.. by Eric Wayte (Score:1) Saturday January 04, @06:12PM
- 1 reply
beneath your current threshold.
- 1 reply
beneath your current threshold.
- Tony Soprano in the mines by nrobert (Score:1) Saturday January 04, @05:50PM
- 1 reply
beneath your current threshold.
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The Real Key is People.... (Score:4, Insightful)
by airrage (514164)
on Saturday January 04, @03:52PM (#5015516)
(http://slashdot.org/~airrage/journal/15458 | Last Journal: Tuesday October 29, @09:53AM)
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I think every major corporation has some sort of data-mining, and I find that there is a gap between the data (even scrubbed) and the person who needs to make the decisions. Also, the article suggests, that CRM is a subset of data-mining. In reality, it's the other way around, or completely unrelated, or both, unless I read that sentence wrong.
Chao
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you'd be amazed... (Score:4, Funny)
by inode_buddha (576844)
on Saturday January 04, @03:56PM (#5015533)
(Last Journal: Tuesday November 26, @06:11PM)
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at how powerful data mining tecniques can be. Why, just today I have recieved 3 more "Nigerian" mails, an offer to increase my bust size (I'm a guy), and an excellent credit report from 5 different, unheard-of companies...
Of course, the local supermarket cannot accept my personal check for groceries without their "discount card", never mind that it was *their* database admins who lost my account after a few weeks...
(er, yeah right, and my driver's licence and birth certificate aren't worth as much as their card ??)
Ggrrrrrrr......
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Prominent sticker (Score:1, Funny)
by Anonymous Coward
on Saturday January 04, @03:58PM (#5015545)
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Yup, on a Dell from probably 1998-1999. Most of the other Dells in the photo look like they are of the same vintage.
Here's an example of the Microsoft Tax at work. This company most likely paid for Windows licenses on those machines even though they aren't using Windows.
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Data Mining Briefly Explained (Score:4, Funny)
by hdparm (575302)
on Saturday January 04, @03:58PM (#5015546)
(http://nzoss.org.nz/)
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Briefly? This would be briefly:1. Collect data 2. Do some mining 3. ??? 4. Profit!
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Well.. so? (Score:5, Interesting)
by metlin (258108)
on Saturday January 04, @03:58PM (#5015547)
(http://www.metlin.org/ | Last Journal: Wednesday February 06, @10:49AM)
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Interesting article, but this is something that has been happening and will continue to.
Technology being put to use to seek out enemies of the state for the world governments is nothing new.
Atleast it is a good thing that companies are making good money in the process. Your privacy? That was lost long ago.
It was only a matter of time before this happened. Atleast be glad that we've not yet reached the stage where they'd bother having your entire genome sequence to create solutions and replacements for you :-)
Perhaps the author of the article has just read Cryptonomicon or something.
Get over it, companies will track you, governments will monitor it. And there will be people who will beat both, and people who will be susceptible to both. Unfortunate, but hey, paranoia does not help either.
And oh, first post?
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- Re:Well.. so? by symbolic (Score:3) Saturday January 04, @06:42PM
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Reminds me of... (Score:5, Interesting)
by gpinzone (531794)
on Saturday January 04, @03:58PM (#5015548)
(http://slashdot.org/)
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...how the Bayesian spam filters operate (on a much smaller scale). They find predictors of "spam" like these guys find predictors of "terrorists."
If the false positives of this system finding terrorists are as low as the ones that identify spam, is it really unreasonable to consider that probable cause for an investigation? At least, until the 0.000001% slips by and causes a lawsuit for wrongful arrest.
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to what end? (Score:2, Interesting)
by loveandpeace (520766)
on Saturday January 04, @03:59PM (#5015551)
(http://www.silvercloak.com/loveandpeace/ | Last Journal: Friday December 27, @10:11AM)
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the more i read about data mining, the more it seems to provide a conectinvity and interaction leap, a step we are really due, in a technological sense.
when the internet was new and all (shortly after Al Gore invented it), there was much talk of how Big Brother would swoop in and turn us into ones and zeros, monitor our every move, and control us through the new portal. that hasn't happened yet (though Ashcroft is trying).
doese it seem that data mining is more harmful (making us all into terrorsts for buying fireworks and seeing born on the fourth of july in the same day) than good (allowing better prediction of supply and demand to lower costs and raise productivity)?
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profiteering? (Score:5, Interesting)
by SHEENmaster (581283) <sheenmaster@NosPam.flame.dnsart.com>
on Saturday January 04, @03:59PM (#5015553)
(http://flame.dnsart.com/ | Last Journal: Friday December 27, @04:50AM)
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Today, however, companies that excel in connecting the data dots are finding a lifeline in a customer whose IT ineptitude is matched only by its means: the U.S. government, which will spend $53 billion on information technology this year. The Federal Government's inability to share and analyze information became clear in the months after the 9/11 attacks.
While I want argue against the governments inability to do anything but waste money, I do think that these "anti-terrorism" dealies are going too far. We know that they are spending $53 billion on information technology. When they spend it on a hammer or a toilet seat I know that something is getting done, but "information technology" makes me suspicious.
Granted my opinion is largely a result of window flags selling in excess of twenty dollars and not hearing the results of such spending. In fact, I haven't heard of a single terrorist act averted since 9/11. It couldn't hurt to inform us when the spending pays off; could it?
Is this information actually getting results, or is it just profiteering of the corporations that we so love to slander and libel?
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- Re:profiteering? by acidfast7 (Score:2) Saturday January 04, @04:45PM
- don't forget NIH by Anonymous Coward (Score:3) Saturday January 04, @05:14PM
Plots that have been averted... (Score:5, Insightful)
by MyNameIsFred (543994)
on Saturday January 04, @05:15PM (#5015864)
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...I haven't heard of a single terrorist act averted since 9/11...
You haven't been paying much attention to the news have you. Let's see, we had the plot to attack ships in the Straits of Gilbrater that was averted, the possibly overblown Jose Padilla - Dirty Bomb case, and the capture of key operatives such as Abu Zubaydah, which surely put a dent in al-Qaida's plans.
Frankly the problem is attacks such as the Twin Towers are always going to stick in your mind more than a brief news report that Abu Zubaydah was captured. Also there is always more skepticism that capturing some guy actually averted a plot -- see Jose Padilla. We will never know whether he would have actually done something. There will always be second guessing on whether a plot was really averted.
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| - Re:profiteering? by RDPIII (Score:2) Saturday January 04, @06:13PM
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Wow! What an eye-opener! (Score:1)
by long_john_stewart_mi (549153)
on Saturday January 04, @03:59PM (#5015555)
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And here I thought 'data miners' were seven really short geeks, holed up in a server closet with some hot chick that's hiding from her evil step-mother. Well, you learn something new every day! =)
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Not that it helps (Score:2)
by Alien54 (180860)
on Saturday January 04, @04:00PM (#5015559)
(http://radiofreenation.net/)
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Noting all of the ways certain monopolies have acted illegally has not helped in getting appropriate penalties for them in court.
data is useless by itself unless it can be used appropriately.
sort of like the list on conservative site NewsMax that finds that the vast majority of truly corrupt politicians in the past year were democrats [newsmax.com]. What a coincidence!
What are the odds of finding out more things like this, like at the office of Total information Awareness? Or the Transport Security Agencies list of people who cannot fly [interventionmag.com]
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- 1 reply
beneath your current threshold.
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Print Link (Score:4, Informative)
by VargrX (104404)
on Saturday January 04, @04:04PM (#5015572)
(Last Journal: Thursday October 17, @06:24PM)
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dunno 'bout any one else, but I don't care for all the ads...
Print Link [time.com]
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Already used in mineral exploration (Score:4, Informative)
by core plexus (599119)
on Saturday January 04, @04:06PM (#5015578)
(http://xnewswire.com/ | Last Journal: Monday January 06, @04:40PM)
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We've been using data mining in mineral exploration for quite some time now, and it really helps given the tremendous volums of data generated from modern geophysical, geochemical, and geological exploration.
In related news: Seeking Sperm, Not Sex, Online [xnewswire.com]
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Before You Jeer... (Score:3, Informative)
by robbyjo (315601)
on Saturday January 04, @04:06PM (#5015580)
(http://slashdot.org/ | Last Journal: Sunday December 29, @11:12PM)
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You may want to read this book [aaai.org] and see it yourself whether data mining would make a breakthrough in the future.
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Data mining for consumers? (Score:1, Interesting)
by Anonymous Coward
on Saturday January 04, @04:07PM (#5015592)
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"Throughout the '90s, data mining spread from one industry to the next, enabling companies to know more about customers' needs and to zero in on the characteristics that distinguish the customers they want from those they do not. A credit-card company using a system designed by Teradata, a division of NCR, found that customers who fill out applications in pencil rather than pen are more likely to default. A major hotel chain discovered that guests who opted for X-rated flicks spent more money and were less likely to make demands on the hotel staff, according to privacy consultant Larry Ponemon. These low-maintenance customers were rewarded with special frequent-traveler promotions. Victoria's Secret stopped uniformly stocking its stores once MicroStrategy showed that the chain sold 20 times as many size-32 bras in New York City as in other cities and that in Miami ivory was 10 times as popular as black. Aspect Communications, based in San Jose, Calif., sells a program that identifies callers by purchase history. The bigger the spender, the quicker the call gets picked up. So if you think your call is being answered in the order in which it was received, think again."
Couldn't the consumer use such information to get a better deal? Also of course there's the "abuse" aspects for the businesses, amd governments that use this.
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*shaking head* (Score:1)
by quikgrit (638508)
on Saturday January 04, @04:11PM (#5015614)
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After 9/11, many tech companies saw opportunities for both patriotism and profit. Oracle offered to donate the software to create a federal identity database.
Well, I suppose it's nice to know that the handbasket we're going to hell in is at least free.
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Makes me think of Bowling For Columbine (Score:2, Interesting)
by flopsy mopsalon (635863)
on Saturday January 04, @04:15PM (#5015629)
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I couldn't help noticing the Time.com article made reference to crime and terrorism, particularly the September 11 WTC/Pentagon attacks (which happened over a year ago), and to the recent Washington Sniper killings (which ended months ago), in spite of the fact that this article would have been jst as fascinating if they had simply used the business examples as illustration. In the movie 'Bowling For Columbine' Michael Moore speculates that one of the root causes of gun violence in the US is the type of fearmongering the US media engages in in an effort to keep their sales/ratings up. It looks like Time.com's gratuitous exploitation of US fears of crime and terrorism might be an example of this.
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Data Mining as used by Colombian Drug Cartels ... (Score:4, Interesting)
by Anonymous Coward
on Saturday January 04, @04:21PM (#5015651)
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Here is a real life story about data mining and its potential for brutal consequences. This was a very early application. Those who were fingered were killed. Of course, they adopted our new (lack of) due process rules a decade ago...
http://www.business2.com/articles/mag/0,1640,41206 ,00.html
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KnowledgeMiner 5.0 software for Mac OS 9. (Score:2, Informative)
by alchemist68 (550641)
on Saturday January 04, @04:22PM (#5015655)
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can be located here:
http://www.knowledgeminer.net/
I've thought about using this software to analyze stocks to purchase, but never got around to looking at the information required for the software to give me an edge in the market. Looks promising though.
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obligatory dilbert strip* (Score:1)
by RyLaN (608672)
on Saturday January 04, @04:22PM (#5015656)
(http://mssmcamp2.tripod.com/merritt)
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Panel One:
Dogbert Consults
My data mining software has found another message from God.
Panel Two
It says you've been stealing lunches from the refrigerator in the break room.
Panel Three
Then it says "Ha, Ha that wasn't pudding!"
btw, that was January 3rd on the Dilbert Callender this year..
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Objection to the numbers (Score:4, Informative)
by rootmonkey (457887)
on Saturday January 04, @04:31PM (#5015691)
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The article use NASDAQ as an example of having to process terabytes of data on a daily basis and the data mining software can help filter things out. The software may be useful but NASDAQ does not process terabytes per day of incoming data. I work in the market data industry and we take exchange feeds from around the world including NASDAQ and we don't process close to that much. OPRA (options) have the most data per day and that is only in the order of tens of GB range.
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huh??? (Score:1)
by pummer (637413) <pummerNO@SPAMdygo.com>
on Saturday January 04, @04:33PM (#5015697)
(http://www.angelfire.com/games/pummcodes)
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i don't get it. what's that red hat thingy mean??
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PR (Score:1, Informative)
by Anonymous Coward
on Saturday January 04, @04:33PM (#5015702)
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This article seemed to me more like a concatenation of a few press releases, especially the ones noting data mining successes, than "news." Then again, most news is simply rehashed PR (as a lecturer on NPR noted the other night).
Let our Data Mining Products make your life Better!
To save everyone time and annoying popups, consider visiting the sites of some of the products mentioned. These pages are every bit as insightful and critical as the article:
http://www.autonomy.com/
http://www.currentanalysis.com/
http://www.srdnet.com/
http://www.digimine.com/ (this didn't load for me, but I have Javascript disabled...)
http://www.unisys.co.uk/public-uk/justice/police/d efault.asp?cn=pa
Posting anonymously to dodge accusations of karma whoring.
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Data mining companies (Score:2, Interesting)
by MrWa (144753)
on Saturday January 04, @04:34PM (#5015705)
(http://www.hamete.com/)
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So "Data-mining companies have been among the hardest hit in recent years" is claimed by Time.com, which goes on to use MicroStrategy as a prime example of a company that skyrocketed in value and plummeted in the "tech crash" later. Oh, and by the way, they also overstated earnings. What these articles about the "tech crash" need to do is normalize the comparisions, because these companies that balloned in value so much, then crashed, probably just experienced a slight correction due to the stupid values they attained to begin with!
As for datamining itself: more power to them. The government gaining the ability to mine the data it already have should mean that we don't need more organizations, more intrusive investigations, etc. Every report or credible news item about post-9/11 studies indicates that we already had enough information, so there should be no need to create new laws that allow for more information to be collected. Just use what you have already, kthx.
What would be nice is if this data-mining allowed Muslims living in the U.S. to stop having to wrry whenever they go outside. Look at the information publicly available, that may provide patterns of "nonobvious" connections, and let people live thier lives in peace, regardless of background.
As a consumer, everything I do in public I consider public information. If a business uses this to better serve me, all the better. Maybe this will mean I don't have to watch feminine ads on TV, or the phone gets answered faster when I call. Maybe it just means that the customer rep knows my name and what I bought already.
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Digging For Autism Correlations (Score:2, Interesting)
by Baldrson (78598)
on Saturday January 04, @04:51PM (#5015783)
(http://www.geocities.com/jim_bowery)
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If you look at closely at autism statistics, you'll notice it has a lower average correlation with all other statistics than 95% of the variables normally available to epidemiologists [clanarchy.com].
So, I decided to mine almost 200 by-State demographic variables for correlates to autism by running through every combination of 2 variables via multiplication or division under a polynomial, exponential or null transformation -- then sorted them by their correlation to autism in the year 2000 [clanarchy.com].
This is a case where what was "mined" was not just the raw data but various arithmetic combinations of statistical variables derived from the data. There needs to be some additional work to make the figure of merit, not just correlation but statistical significance. I couldn't find Perl modules that provide "alpha" (probability the null hypothesis is true) for correlations.
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Uber Loyalty Card in the UK (Nectar) (Score:5, Insightful)
by Boss, Pointy Haired (537010)
on Saturday January 04, @04:58PM (#5015802)
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Three large British retail companies have recently created a joint loyalty card.
Nectar has been set-up by Sainsbury's (a supermarket), Barclays (a financial services company) and BP (a petrol filling station company).
I didn't mind Sainsbury's knowing that I eat junk, but now that they're telling Barclays what junk I eat I end up with Barclays putting my life insurance premiums up.
Interesting stuff.
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Fayyad (Score:1)
by nrobert (605941)
on Saturday January 04, @05:45PM (#5015996)
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In the last page, this Fayyad of digiMine claims that he doesn't want to work with the govt because the 'Bush administration' hasn't clearly enough articulated its vision of what it wants.
I hope he was misquoted. There may be some legit reasons not to work with the US Govt. on anti-terrorism technology, but Mr. Fayadd is being either overly dismissive or just immune to opportunity by saying what he's quoted as saying. It sure is nice when the client comes to you with a fully articulated vision for the solution he needs, but most just start out with stated or even just perceived needs and leave it to the, ahem, vendors to provide the solution/vision.
On another note, it would be interesting to read an article with some technical detail beyond a generic reference to XML. Maybe someone can post a link.
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In a nutshell... (Score:1)
by Magus311X (5823)
on Saturday January 04, @05:45PM (#5015999)
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You can mine data to look for hidden business trends. If you mine the data really hard, you can see messages from GOD.
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Data Mining is the wrong term (Score:2, Interesting)
by nrobert (605941)
on Saturday January 04, @05:59PM (#5016060)
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Ther term data mining is misleading. Mining is more a matter of sifting through lots of junk to get at the valuable material. That's not exactly what 'data mining' is about.
If you want valuable information and you know what you're looking for, you just query. Find X in pile of data. That's mining. I know it's a semantic comment, but mining's not what we're talking about doing here.
Data mining is more like what geneticists searching for a genetic cause for a cancer are doing. Finding usable correlations and meaningful precursors. We don't call cancer-fighting biologists 'gene miners'. I think the term mining belittles a more complicated activity.
A better term? Data Correlating? Mining also just sounds brutish.
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The problem with automatic identification (Score:2, Insightful)
by Sgs-Cruz (526085)
on Saturday January 04, @06:07PM (#5016087)
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The problem with automatic identification of any specific type of person within a large group (Say, the entire U.S. population - or , hey, the entire world! Why not? ) is the obscenely low false positive rate you must have. I mean to identify 100 terrorists in 270 million people, sure, a 50% false negative rate is fine (catching 50 terrorists is better than catching none, right?), but to not get those real terrorists swamped by innocent people who happen to match a profile, then the false positive rate must be lower than about 0.000037% ... that's almost impossible to achieve. And that is why automated terrorist (or anything) identification is still a long way off.
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an advertisement for privatization of security? (Score:1)
by fermion (181285) <lowt@big[ ]t.com ['foo' in gap]>
on Saturday January 04, @06:35PM (#5016225)
(Last Journal: Friday December 20, @12:24AM)
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This article seems to explain very little of data mining, and is far from concise. The real gist of the article seems to be that data mining companies, which may be guilty of fraud and certainly seem to lack a viable business plan, are once again suckling off the teat of mother U.S.A. instead of finding the private customers that they all would claim is the basis of capitalism. Likewise, the military contractors are desperately tying to get into the data mining game to maintain relevance.
I also take issue with the statement
a customer whose IT ineptitude is matched only by its means
which is clearly a jab at the hard working professionals of the US government and an effort to push privatization of IT functions. I have work with IT professionals in Academic, Industrial, Commercial, and Government settings. I will tell you that IT professionals in all these setting range from incompetent to brilliant. The difference is that, until recently, US employees have not had to live with the fear of random layoffs or arbitrary insurance reductions. I often wonder why it is unpatriotic to insult policemen, firemen, or military officers, but when it comes to the professionals that allow these people to work, no insult is severe enough.
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Nice story but (Score:1)
by Qzukk (229616)
on Saturday January 04, @07:10PM (#5016390)
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*how* does data mining work? (beyond "it makes connections between various data.") I don't recall it ever coming up in any of my classes. It seems like it would be an AI problem.
If everyone's going to go out and be paranoid, might as well know what we're being paranoid about.
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White Paper How to Catch a Thief (Score:1)
by Onyxviper (540651)
on Saturday January 04, @09:51PM (#5017158)
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I have not read all of this, but some of you with questions on how the actual Data Mining process works might get something out of it. Some of it is over my head, but that is not saying much. Check it out.
http://sales.visualanalytics.com/whitepaper/index2 .cfm?Template=HowToCatchAThief
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Define "Data mining" (Score:1)
by ggwood (70369)
on Sunday January 05, @03:22AM (#5018606)
(http://home.socal.rr.com/tabbyandgreg/)
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I always think of artificial intelligence when I hear data mining, and I kind of assumed that was what would be clairified (at least) by this article. However I was wrong.
The most concerete evidence of success that is presented is that Victoria's Secret realized it sold tons of size X bras in New York and 10x as many white as black items in Miami. Um, I really hope they didn't have to hire a firm to tell them that. Don't they have spreadsheets? Does anyone look around the store and notice what sells?
Which moves me on to another point. Companies seem to have very little faith in their employees and ask very little of them these days. (Gets out his pipe and rocking chair.) I remember when my sister got her first job at an ice skating rink. They sold ice skating outfits to (mostly) Mothers of young girls taking private ice skating lessons. My sister could tell you at a glance what outfits would sell first. (As I recall it was the most garish ones - she used to specifically ask for "ugly" or "anything that it looks designed by the color blind").
Now a days, when I have to ask for help finding something in a store and I suggest a different location for it (real life example: Why don't you stock the phone connectors with your phones?) I get blank stares and comments along the lines of "ya, like my manager would listen".
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yep, me.. (Score:3, Funny)
by geekoid (135745) <notities@yahoo.com>
on Sunday January 05, @03:26AM (#5018618)
(http://slashdot.org/ | Last Journal: Thursday February 21, @04:37PM)
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..and six other dwarfs grab are pickaxes, and lanterns, and go to the data mines.
those 1's and 0' can be tricky..
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That's not data mining! (Score:2)
by djkitsch (576853)
on Sunday January 05, @08:06AM (#5019222)
(http://www.kitschdesigntech.co.uk/)
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Software developed by Autonomy, based in Cambridge, England, connected BAE's research databases and alerted civilian aircraft engineers to the fact that the wing-construction problem they were working on was also being addressed by the company's military division.
That's not exactly a task for data miners - it's just bad communication! They could have done exactly the same thing just by making sure the directors were paying attention...there seems to be a big market for telling people the perfectly obvious.
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FOLDOC (Score:1)
by gasull (92697) <(gasull) (at) (myrealbox.com)>
on Sunday January 05, @01:31PM (#5020490)
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First of all, read what is data mining in the FOLDOC (Free On-Line Dictionary Of Computing) [ic.ac.uk], if you don't know.
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The Beast (Score:3, Interesting)
by macdaddy357 (582412) <mbrown_work&hotmail,com>
on Saturday January 04, @07:16PM (#5016417)
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Does this data mining stuff remind anyone of the old urban legend about "The Beast?" A super computer in Antwerp of Brussels that knows everythin about everyone? Is that idea still as ridiculous as it was back in the day?
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- Re:The Beast by Lord Omlette (Score:1) Sunday January 05, @02:51PM
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beneath your current threshold.
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Re:WHAT?!? (Score:2)
by kfg (145172)
on Saturday January 04, @08:13PM (#5016724)
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A small chest.
KFG
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Re:Scoring 4 points (Score:1)
by EugeneK (50783)
on Sunday January 05, @10:48AM (#5019689)
(http://edg.sourceforge.net/)
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That was interesting; where's the next chapter?
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Data Mining Briefly Explained
