McKinsey report out this morning on big data reminds me of recent tweet from @ev : “Design used to be a competitive advantage.  Now it’s the point of entry.”Big data is, in terms of competitive advantage, where design was maybe 1-2 year ago.  Leveraging big data is the next design.Want to know why “every check-in counts”? It’s all about big data.  Some of the more eye-catching numbers from this McKinsey report. $600-700 billion potential annual consumer surplus from using personal location data Personal location dataa is growing at 20% per year Roughly 40% of personal location data comes from “smart phone opt-in tracking” 5 Billion Mobile Phones in Use in 2010, of which 12% were smart phones.  Smartphone penetration growing at 20%/year For less than $600, you can purchase a hard drive with the capacity to store all the world’s music 60%+ net margin increase possible in retail North America and Europe store 70% of the global total of big data Tesco generates 1.5 billion new items of data every month Nearly 50% of smartphone owners use or plan to use their phones for mobile shopping But really, go read the whole thing.
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McKinsey report out this morning on big data reminds me of recent tweet from @ev : “Design used to be a competitive advantage.  Now it’s the point of entry.”
Big data is, in terms of competitive advantage, where design was maybe 1-2 year ago.  Leveraging big data is the next design.
Want to know why “every check-in counts”? It’s all about big data.  Some of the more eye-catching numbers from this McKinsey report.

  • $600-700 billion potential annual consumer surplus from using personal location data
  • Personal location dataa is growing at 20% per year
  • Roughly 40% of personal location data comes from “smart phone opt-in tracking”
  • 5 Billion Mobile Phones in Use in 2010, of which 12% were smart phones.  Smartphone penetration growing at 20%/year
  • For less than $600, you can purchase a hard drive with the capacity to store all the world’s music
  • 60%+ net margin increase possible in retail
  • North America and Europe store 70% of the global total of big data
  • Tesco generates 1.5 billion new items of data every month
  • Nearly 50% of smartphone owners use or plan to use their phones for mobile shopping

But really, go read the whole thing.

slavin: Of the many things I saw in Detroit that shocked me, the “Food Deserts” remain vivid in my memory. I wondered just how people were supposed to be or become healthy when the only food around them was competing on price for the cheapest cheeseburger. I hadn’t heard the term before today, but it’s useful, and seeing how far-reaching it is, it’s shocking. Combined with the 43 million! Americans on food stamps (what @kthread brought to my attention) this is an obvious short-term and long-term catastrophe. This map may be deceptive, in that it doesn’t index the difficulty in accessing food to population density, e.g., there may be areas without supermarkets that also don’t have people. But that’s clearly not the case overall, and it’s useful just to have an index by which to measure not just nutrition, but the likelihood of access to it.   theatlantic: The graphic is an overview from the recently launched Food Desert Locator, which provides detailed information about food access. According to the USDA’s Economic Research Service, 13.5 million people fit the criteria of living in one of these areas. Read more at The Atlantic Wire
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slavin:

Of the many things I saw in Detroit that shocked me, the “Food Deserts” remain vivid in my memory. I wondered just how people were supposed to be or become healthy when the only food around them was competing on price for the cheapest cheeseburger. I hadn’t heard the term before today, but it’s useful, and seeing how far-reaching it is, it’s shocking. Combined with the 43 million! Americans on food stamps (what @kthread brought to my attention) this is an obvious short-term and long-term catastrophe.

This map may be deceptive, in that it doesn’t index the difficulty in accessing food to population density, e.g., there may be areas without supermarkets that also don’t have people. But that’s clearly not the case overall, and it’s useful just to have an index by which to measure not just nutrition, but the likelihood of access to it.  

theatlantic:

The graphic is an overview from the recently launched Food Desert Locator, which provides detailed information about food access. According to the USDA’s Economic Research Service, 13.5 million people fit the criteria of living in one of these areas.

Read more at The Atlantic Wire

Source: theatlantic

knowing the difference between my lifestyle in NY and @lpmaynard lifestyle in CO…this feels pretty accurate. rickwebb: theeconomist: Daily chart: America’s laziest states. In general, it seems that people who live in cold states like Alaska are more likely to get their weekly work-out than those in sunny Florida LIES. Maybe in the summer, but not in the winter. Alaskans don’t exercise at all in the winter!
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knowing the difference between my lifestyle in NY and @lpmaynard lifestyle in CO…this feels pretty accurate.

rickwebb:

theeconomist:

Daily chart: America’s laziest states. In general, it seems that people who live in cold states like Alaska are more likely to get their weekly work-out than those in sunny Florida

LIES. Maybe in the summer, but not in the winter. Alaskans don’t exercise at all in the winter!

Source: economist.com

At the Q gathering in 2010, urbanologist Richard Florida observed that young adults meeting one another no longer ask, “What do you do?” They ask, “Where do you live?” More and more people will change careers in order to stay in a place—connected to family, friends, and local culture—than will change place to stay in a career. The 20th-century American dream was to move out and move up; the 21st-century dream seems to be to put down deeper roots. This quest for local, embodied, physical presence may well be driven by the omnipresence of the virtual and a dawning awareness of the thinness of disembodied life.

- Andy Crouch, Ten Most Significant Cultural Trends of the Last Decade (via stoweboyd)

I’m not sure I agree with this, but then NYC seems more like the kind of place people move for careers (although also the kind of city people fall in love with and don’t want to leave).  I’ve found my friends to be far more geographically mobile than career-changing.  

What do you all think?

(via stoweboyd)