By analyzing masses of information collected online, Netflix, Amazon, Google and others can figure out what you want and how much you'll pay. But what's called "Big Data" has many other uses as well — and there are risks, including invasions of privacy. Will Big Data stifle creativity and opportunity for innovation? Also, unemployment hits a four-year low, and the world's elite sports-car makers are going hybrid.
'House of Cards' and the Future World of Big Data
From this Episode:
Unemployment Hits Four-Year Low
The economy gained more jobs than expected last month, and the unemployment rate is now 7.7 percent, the lowest since December of 2008. Construction was especially strong,...
7 min, 21 sec
What Big Data Means for Your Life, Now and in the Future
Netflix used Big Data to determine that 27 million subscribers would like the series House of Cards , starring Kevin Spacey. Yahoo used Big Data to require employees to...
34 min, 10 sec