Brain Dump

InformationTechnology

DataAnalytics

Updated at: 12 Mar 2019 09:34:51

Definition

Collecting data on any system with the goal of revealing something important or actionable about it.

Types of complexity

  1. Organised complexity

Structures whose character depends not only on the properties of the individual elements of which they are composed and also the relative frequency of occurrence, but also on the manner by which the individual elements are connected with each other.

  1. Disorganised complexity Structures made of disconnected parts, operating in a random fashion, interaction chaotic and predictable.

Thought from Von Hayek

The scientistic attitude is decidedly unscientific, as it involves a mechanical and uncritical application of habits of thoughts to fields different from those in which they were formed.

Social theories are self-fulfilling. People adapt their behaviours to what you measure them for.