Meanwhile, if the quantity of information is increasing by 2.5 quintillion bytes per day, the amount of useful information almost certainly isn't. Most of it is just noise, and the noise is increasing faster than the signal. There are so many hypotheses to test, so many data sets to mine - but a relatively constant amount of objective truth.
Wednesday, October 31, 2012
Most of it is just noise
From The Signal and the Noise by Nate Silver. Page 13.
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