Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
It is a ubiquitous phenomenon, one that almost all of us confront, in some form, on a regular basis.The first approach reduces the cost of anarchy and makes better use of all available information.In 2015, mankind produced as much information as was created in all previous years of human civilization.As the internet expands into new realms of physical space through the Internet of Things, the price of anarchy will become a crucial metric in our society, and the temptation to eliminate it with the power of big data analytics will grow stronger.Amazon can look at the last 10 books you purchased and, with increasing accuracy, suggest what you might want to read next.But here we should consider what is lost when we reduce the level of anarchy. Data-driven optimization, conversely, derives solutions from a predetermined paradigm, which, in its current form, often excludes the transformational or counterintuitive ideas that propel humanity forward.
Drones as urban transport? Not so fast
A ratings revolution has helped improve services
FOLLOW THIS ARTICLE