1,049 karma · joined June 12, 2012
https://i.imgur.com/MA3YeuX.jpg
Let's spend one on a plane so that we can make it into the gold lounge and get free yogurt-covered raisons!
Car insurers charge young people more money, despite their youth being outside of their control.
I'm not saying you have to write a thesis to suggest new data sources, but I am saying that "you need to do XYZ" is not a productive piece of advice without the evidence to back it.
Phew, I was worried about this. If I can't sync my Vessyl to my fitbit to my strava profile with nike+ misfit shine integrations, how the hell am I supposed to know exactly how many steps I need to take to optimize my area under the fun curve subject to the constraints that I lose 1.6 pounds but can still eat artisanal cuisine?! The other day I almost went for a walk in the woods, but my Vessyl was dropping its bluetooth connection, so I retreated to the safety of my San Francisco apartment.
Richard Feynman?
* There is no guarantee the algorithms will beat the betting line, so saying they are worth millions is not generally true
* If the authors of such an algorithm find that they are more accurate than the bookies, they can always keep it to themselves and make millions
:-/
Additionally, the discussion over shared data is usually a cry to improve reproducibility. In this publication-centric world, one can't publish a paper that is just "we reproduced an existing paper", so outsiders look to "poach" new applications or findings from the data.
People were productive long before death by instant email papercuts. It's something worth thinking about as you optimize on response time. I find many insta-responses were preventable with better planning in hindsight.
Also, to your specific point - when people choose restaurants they often go where there's a crowd (the food must be good here), not to an empty restaurant. The situation is a little different because Starbucks is so pervasive, but don't discount the customer draw of a bustling store full of people.
Just like in research, it turns out that relaxing real-world constraints on a problem is often a great way to make progress. I would not have to search long or far to provide much worse uses of million-dollar grants/projects/big-data-software.