Thursday, July 18, 2013
Nate Silver & the Rise of Data Scientists
Statistician and New York Times blogger Nate Silver made a name for himself between the 2008 and 2012 presidential elections through his unique algorithms and numbers crunching that enabled him to accurately predict election results in all fifty states. Such success also enriched Silver even more as his fascinating data-crunching book The Signal and the Noise: Why So Many Predictions Fail, But Some Don't shot to the top of Amazon's sales list shortly after President Obama won re-election. The rise of people like Nate Silver and Big Data in general has led to the creation - or at least prominence - of a "new" and lucrative career - Data Scientist. To meet the demand for all these new numbers crunchers, Wired magazine reports on a degree program in data science. Thus, for all those Nate Silver wannabes out there, a degree as a data scientist from the University of California - Berkeley is waiting for the "bargain" price of $60 grand. Just crunch those numbers.