I would love to know all the variables Nate Silver used in his preditiions I believe his breed of analytics will drive many elections for years to come
It's a remarkable result, but I admit I can't see how those electoral college numbers add up either. I thought every state was winner-take-all -- it turns out Nebraska and Maine aren't, but that doesn't really solve the conundrum.
I am exited that Knowledge through analytics is able to better help us make decisions on what may happen. Of course having a background in IT is the reason I am happy analytics is beginning to show the way.
I'm seeing reports that Florida has gone to Obama. The Huffington Post calls it that way. The New York Times still shows the count as not done, with Obama leading.
If the HuffPo is right, that'll make Silver 50 for 50. However, the final electoral tally would be 332 votes for Obama, compared with Silver's predicted 313. I suspect the difference is because of some states giving part of their electoral votes to one candidate and part to another, but I'm not sufficiently familiar with election mechanics to be sure.
It's a powerful illustration of the power of analytics.
There is indeed some long term significance to all this, if 2008 and 2012 are any guide. If it becomes possible to know, with some accuracy, the outcome of the election well in advance of Election Day, what do the campaigns do? Concentrate on turnout, I suggest.
The number of undecideds in US Presidential elections now seems so small, that one wonders whether the vast expenditure is worth it, in an attempt to change a few, unpredictable votes.
And what will the media do, if the "horse race" is a foregone conclusion?
Personally, I was fed-up with all the polls and predictions long before the real results were created. And part of me is sad that we can predict human behavior like this, even in the voting booth. The other part of me is amazed -- and I'd be astounded at any company that doesn't invest in analytics and big data. It should be just as much a part of SOP as email and spreadsheets, given the incredible results we're seeing from so many disparate disciplines and industries.
The ThinkerNet does not reflect the views of TechWeb. The ThinkerNet is an informal means of communication to members and visitors of the Internet Evolution site. Individual authors are chosen by Internet Evolution to blog. Neither Internet Evolution nor TechWeb assume responsibility for comments, claims, or opinions made by authors and ThinkerNet bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
The smartphone market reached a significant milestone, a breakthrough that may cause vendors to celebrate but could strain the capabilities of IT service desks.
In the fall of 2011, around 160,000 students in 190 countries enrolled in a Stanford-sponsored online course about artificial intelligence. About 23,000 completed the course and got certificates, including 248 who got a perfect score. The university offered the same course the old-fashioned way to students sitting in Stanford classrooms. None of the those students got a perfect score.
As Mitch Wagner discussed today, Yahoo is acquiring Tumblr. The big Internet debate at the moment is whether Tumblr will be good or bad for Yahoo. Regardless of their stances on the future of Yahoo itself, many claim that Yahoo will somehow ruin Tumblr.
Has China stolen a march on the West, developing an Internet architecture that is not only based on IPv6, but is also inherently secure from both internal and external attack?
New York's Metropolitan Transit Authority is conducting a pilot test of digital kiosks to guide subway users to where they want to go more efficiently and at lower cost.
The whole Amazon.reader debate is a double-stupid. It's stupid to think that there's any e-book buyer who doesn't know Amazon's URL, and it was stupider to let ICANN launch the whole free-form TLD initiative to start with.
While NFC's original goal was to enhance mobile commerce applications, it is finding its way into a number of other uses, which is creating both opportunity as well as challenges for IT departments.
Enterprises would like to move to cloud computing but are hesitant because they are concerned about providers’ ability to secure company data. Here are some tips that help to ensure that if breaches occur, the business is not left holding the bag.
Edmunds separates customers into segments based on the info it collects on its site and from partners, and uses that to push out custom content, said Brian Baron, director of business analytics for Edmunds.com, at Predictive Analytics Innovation Summit.
The automotive website uses propensity modeling to target ads and customer registration forms, said Brian Baron, director of business analytics for Edmunds.com, at Predictive Analytics Innovation Summit.
Expert Integrated Systems: Changing the Experience & Economics of IT In this e-book, we take an in-depth look at these expert integrated systems -- what they are, how they work, and how they have the potential to help CIOs achieve dramatic savings while restoring IT's role as business innovator. READ THIS eBOOK
your weekly update of news, analysis, and
opinion from Internet Evolution - FREE! REGISTER HERE
Wanted! Site Moderators Internet Evolution is looking for a handful of readers to help moderate the message boards on our site – as well as engaging in high-IQ conversation with the industry mavens on our thinkerNet blogosphere. The job comes with various perks, bags of kudos, and GIANT bragging rights. Interested?
To save this item to your list of favorite Internet Evolution content so you can find it later in your Profile page, click the "Save It" button next to the item.
