Insights for Navigating an Uncertain World
“This is a breakthrough of epic proportions as a single chip has set a new data transfer record of 1.8 Petabytes per second. One Petabyte is equal to 1,000 Terabytes, or roughly 500 billion pages of standard printed text. The entire Library of Congress could be transmitted 100 times in a single second. The implication for global digitization is inconceivable. ⁃ Technocracy News Editor
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
Translation:
the ‘computing power’ of man, and by extension the computer. But inadequate “computing power” is no longer a valid excuse. What is now breaking down is the quality of the ‘Data’