One Data Point Can Beat Big Data
In an unstable world, big data isn’t always best. Reducing the amount of complexity can lead to more accurate predictions.
Gerd Gigerenzer
Gerd Gigerenzer is director of the Harding Center for Risk Literacy at the University of Potsdam, Faculty of Health Sciences Brandenburg and partner of Simply Rational - The Institute for Decisions. In addition, he is a member of the Berlin-Brandenburg Academy of Sciences, the German Academy of Sciences and an honorary member of the American Academy of Arts and Sciences and the American Philosophical Society. He is the author of Calculated Risks, Gut Feelings, Risk Savvy, and, most recently, How to Stay Smart in a Smart World.