#i edited it a little because people misconstrued it so badly and i tried to make it a little clearer
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whats the worst tdlosk ship (outside of incest/pedo bc obviously) in your opinion???
i would love to answer this question super in depth but ive done this exact thing before and now i know how angry people get about this đ sorry anon, thank you for the ask but i spent months getting harassed over answering this before i figured out i can block mean anons LOL
#you can still find that post though i didnt delete it lol#i edited it a little because people misconstrued it so badly and i tried to make it a little clearer#but yea sorry cant answer this unfortunately lol#theres the one ship i hate with everything in my heart#and two other ships i can think of that i just personally dislike on a lesser level#actually three*#again thank you for the question â€ïž#meows post
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Can data save the world? We asked âFreakonomicsâ duo Stephen Dubner and Steven Levitt
Journalist Stephen Dubner and economist Steven Levitt are the duo behind the popular âFreakonomicsâ books and podcast, crunching numbers and telling stories that explore the âhidden side of everything,â as their tagline goes. They were in Seattle this week to keynote Microsoftâs Data Insights Summit, and they sat down with GeekWire afterward for a conversation about data and the state of the world.
Listen to the GeekWire podcast below, download the MP3 here, and continue reading for an edited transcript of our conversation with Dubner and Levitt.
Itâs been said that weâre in a post-fact world. Can data save the world, if people pay attention to data in an unvarnished, objective way?
Stephen Dubner: No, but on the other hand, I donât think itâs a question of saving. ⊠The more history you read, the more you realize that this period, while colorful at the very least, is not that anomalous really in terms of political discord. I mean, even American politics. Obviously, weâre on the side of data and weâre on the side of factuality, but I will say this: Weâre not activists. Weâre not advocates. We really try to be non-partisan, no horse in any race, but no matter how loudly we say that we think something should work this way or it would be better to do this, nobody cares. I mean itâs all preaching to choir. I think there is a role for people like us and people who use data and so on, but itâs always going to be â I donât want to say around the margins, Iâm more hopeful of that, but political leverage is massive and thatâs hard to change.
Steven Levitt: I think that data is almost never treated in an unvarnished way. Even within firms, data is manipulated. Itâs brought to the front when it supports a position. Itâs pushed aside when it doesnât. Ultimately, the world is run by people. People use data for their own purposes, their own incentives. Like Dubner said, we believe in data. We live and die with data. But after, for me, 30 years of trying to convince people of things with data, what Dubner said was true. Stories are better than data even if youâre trying to be in the spirit of data.
Dubner: That said, I think an interesting question is, in what realm does it have more leverage? In other words, does it have less leverage in the political realm than, letâs say, the corporate realm? I would say yes, definitely, less in the political realm, because they donât really need to obey it because politics really is a lot about emotion, and Q-Rating and leverage.
Levitt:Â But at the same time, the first Obamacare revision was killed by OMB (Office of Management and Budget). That was a rare case where really sensible data analysis actually intervened. What did they do the next time? They tried to rush it through so quickly that the numbers wouldnât be out by the time they had passed it. Now, that was just the House, and with the Senate, who knows what will happen. But occasionally, thereâs a role for data.
Levitt, you talked on stage about your data consulting work. You let the data speak for itself. You donât take people to conclusions or interpret it. You talked about your work with King Games, maker of Candy Crush. Is there one tech company or other company out there thatâs just crushing it with data â that really understands it? Weâre here in the home of Amazon and Microsoft and the tech world.
Levitt: Many of the tech companies, the new companies, do an amazing job with data. Iâve never worked too much with Amazon but every indication is that they do. King Games was an amazing data-driven company. I honestly, though, have never seen an old firm, like a brick-and-mortar firm, that did much good with data, ever. I donât know whether thatâs a legacy of the way they think. Itâs often a legacy of the systems they use. But I think the future belongs to firms that know how to use data. The power of data in profit maximization is just incredible. If you can get people and pride and the need for power and expertise out of the way, the data can be unbelievable.
Whatâs worked in the best consulting situations youâve had when youâve been inside companies? What about the culture of the company that succeeded made it work?
Levitt: The kinds of companies that we work well with are companies which have had some success and, more recently, have had less than success. Because they know what itâs like to do well but they also see that itâs fragile. We wrote in our book, âThink Like A Freak,â about being willing to say, âI donât know.â That, I think, is the key thing for success with us. We donât know anything about the businesses we work with. We go in and say, we donât know anything about what you do. We just come in as outsiders. Itâs only the firms where people are willing to say, âWe donât know the answers.â The only firms that are willing to say they donât know the answers are the firms that are getting clobbered. But if youâre getting clobbered too badly then things are spiraling out of control and no oneâs actually got any time to do real work anymore.
Are journalists doing enough with data?Â
Dubner: Itâs certainly gotten better. I used to work at the New York Times as my day job. I was always somewhat more numerate than average just because Iâd always liked math and I like economics even though those werenât my concentrations. It was really surprising to me how much the media was really innumerate. When you donât know something about something, as we all know, your typical response is often dismissiveness or fear/intimidation. It wasnât like the belief that this is important to tell a certain kind of story, therefore let me try to figure it out or find advice. Itâs more like, âLet me go the other direction.â The other direction is journalism by anecdote. I donât like that so much. I like a hybrid. I like storytelling with data in it.
That said, in the last 10 years, you look at the Upshot at the New York Times, you look at FiveThirtyEight, I think there has been a huge improvement. That said, I feel like they basically built a better silo. The people who produce that and consume it, is still relatively small. CNBC financial reporting has some of the most inside-out backwards data proclamations that you can ever hope to see. Granted youâre dealing with the stock market primarily, which is one big weirdly misconstrued black box of people who donât really know what the outcomes are, pretending that they do. I think that there are people fighting the good fight. Iâm not saying weâre some kind of heroes. We just do it because we like it. But I think itâs still a little on the margins.
Iâll say one more thing about what Levitt said about in response to your question about firms or institutions changing. I think a big part of it is that, like you see in hospitals, for instance, or big insurance companies, the people who have the leverage to make decisions tend to be older or more entrenched. Theyâve made it in their career and itâs scary to say, âYou know what, Iâm going to take everything I thought I knew about how to run this business and figure everything and embrace a different data approach and learn that.â I think thatâs why you see the younger firms, or whatever you want to call them, digital natives or data natives, they have a totally different approach to it. And I get it. Itâs incentives. I see why people are protectionist without it but I donât like it.
Levitt: While itâs great to talk about data as the driving force in business or politics, the scarcest resource we have is people who can sensibly analyze data and then communicate that. I think thereâs almost no way to learn how to do that. You certainly canât learn it in school. We donât teach it at the University of Chicago. I donât think anywhere they really teach that. In the absence of talent, there are really limits. I draw a very stark contrast to computer programming. When there was a need for computer programming that started to arise in the â70s, and has grown ever since, we figured out very effective ways of training computer programmers. Take somebody who is reasonably intelligent, and within four to six months, theyâre a semi-decent programmer. And within a few years, theyâre an excellent programmer, usually. But we havenât figured out, the market has not yet figured out, how to train people to do data analysis. In some ways, itâs a much more amorphous task than programming. Itâs more difficult to teach and thereâs such a small set of people who have the experience and the training and the talent to do it.
Dubner: You should talk about your dream, your academy.
Levitt: I had a dream of doing a data science academy, but the reality was there was so much work. In the end, it just didnât make sense.
Thereâs clearly a demand for it. This conference sells out.
Levitt: The demand is clear. If you look at the projections of the job of the data scientist, and the salaries of data scientists, itâs obvious that is the future. So what I say to my talented undergrads is, âForget about getting an economics PhD. Forget about going to law school or med school.â The best jobs in terms of fun, interesting, always different, challenging, the sky is the limit, right now, itâs a data scientist.
We share something in common in that weâve each spent a lot of time with Nathan Myhrvold. (His stratoshield idea was featured in SuperFreakonomics) Is it more needed than ever now, given (the U.S. withdrawal from) the Paris Climate Accord?
Dubner: I donât know if itâs needed more than ever because of that. Honestly, I havenât been following closely the temperature data. There was a period where Nathanâs group I donât think made a lot of headway, but David Keithâs group and some others were making headway in trying some small-scale trials of geoengineering. Look, I do hope that, whether itâs that idea specifically or, I donât know if you remember in SuperFreak, we also wrote about their idea for hurricane mitigation ⊠which they have no idea if it would really, really work but that is the kind of idea â forget about data, per se â but itâs the kind of idea that really does change the world, that it would be nice to experiment with more.
You know, the other thing I learn about, the more history I read, is that almost every trailblazing, truly groundbreaking new idea â history of medicine, history of science, history of finance, you name it, agriculture â almost every one out of the gate is immediately ridiculed and treated as total garbage until tens or hundreds or thousands of years later, people appreciate it, because change is really scary. So, I take that to heart and know that change can often take a really long time. That said, I think the trends for this kind of thinking â data-informed thinking â the trend is definitely up and I find that really encouraging.
Tell me what work so well about your partnership. Because obviously itâs successful. Youâve been doing it for many years.
Dubner: I havenât thought about that in the long time. Itâs been so long since weâve started together. People asked that in the beginning. I remember you described it as, we appreciated the complementaries. I appreciate that Levitt is world-class at what he does. And also what he does is rare. If youâre working with someone who does something that a lot of other people donât do and heâs really, really good at it, Iâm not going to try to do that. Iâm going to try to do my thing. Levitt praises me as having higher-caliber qualities than I truly have. He thinks Iâm better.
Levitt: I was going to give the exact opposite answer. Which is that, I think weâre both better at doing what the other one does than outsiders would expect. When weâre talking about research and how to interpret research, Dubner often has amazing ideas. In the storytelling, sometimes I can come up with the end of the story. What I would say is actually itâs a lack of ego. ⊠On two separate occasions, you wrote entire chapters that took you months to write. And I said, âThis is awful.â And you said, âYeah youâre right. This is awful.â And literally just threw it in the garbage and started over from scratch. Itâs almost unthinkable that anybody would be willing to do that.
Follow Freakonomics on the web and Twitter, and watch the keynote by Dubner and Levitt at the Microsoft Data Insights Summit below.
youtube
from DIYS http://ift.tt/2sHjDDU
0 notes
Text
Can data save the world? We asked âFreakonomicsâ duo Stephen Dubner and Steven Levitt
Journalist Stephen Dubner and economist Steven Levitt are the duo behind the popular âFreakonomicsâ books and podcast, crunching numbers and telling stories that explore the âhidden side of everything,â as their tagline goes. They were in Seattle this week to keynote Microsoftâs Data Insights Summit, and they sat down with GeekWire afterward for a conversation about data and the state of the world.
Listen to the GeekWire podcast below, download the MP3 here, and continue reading for an edited transcript of our conversation with Dubner and Levitt.
Itâs been said that weâre in a post-fact world. Can data save the world, if people pay attention to data in an unvarnished, objective way?
Stephen Dubner: No, but on the other hand, I donât think itâs a question of saving. ⊠The more history you read, the more you realize that this period, while colorful at the very least, is not that anomalous really in terms of political discord. I mean, even American politics. Obviously, weâre on the side of data and weâre on the side of factuality, but I will say this: Weâre not activists. Weâre not advocates. We really try to be non-partisan, no horse in any race, but no matter how loudly we say that we think something should work this way or it would be better to do this, nobody cares. I mean itâs all preaching to choir. I think there is a role for people like us and people who use data and so on, but itâs always going to be â I donât want to say around the margins, Iâm more hopeful of that, but political leverage is massive and thatâs hard to change.
Steven Levitt: I think that data is almost never treated in an unvarnished way. Even within firms, data is manipulated. Itâs brought to the front when it supports a position. Itâs pushed aside when it doesnât. Ultimately, the world is run by people. People use data for their own purposes, their own incentives. Like Dubner said, we believe in data. We live and die with data. But after, for me, 30 years of trying to convince people of things with data, what Dubner said was true. Stories are better than data even if youâre trying to be in the spirit of data.
Dubner: That said, I think an interesting question is, in what realm does it have more leverage? In other words, does it have less leverage in the political realm than, letâs say, the corporate realm? I would say yes, definitely, less in the political realm, because they donât really need to obey it because politics really is a lot about emotion, and Q-Rating and leverage.
Levitt:Â But at the same time, the first Obamacare revision was killed by OMB (Office of Management and Budget). That was a rare case where really sensible data analysis actually intervened. What did they do the next time? They tried to rush it through so quickly that the numbers wouldnât be out by the time they had passed it. Now, that was just the House, and with the Senate, who knows what will happen. But occasionally, thereâs a role for data.
Levitt, you talked on stage about your data consulting work. You let the data speak for itself. You donât take people to conclusions or interpret it. You talked about your work with King Games, maker of Candy Crush. Is there one tech company or other company out there thatâs just crushing it with data â that really understands it? Weâre here in the home of Amazon and Microsoft and the tech world.
Levitt: Many of the tech companies, the new companies, do an amazing job with data. Iâve never worked too much with Amazon but every indication is that they do. King Games was an amazing data-driven company. I honestly, though, have never seen an old firm, like a brick-and-mortar firm, that did much good with data, ever. I donât know whether thatâs a legacy of the way they think. Itâs often a legacy of the systems they use. But I think the future belongs to firms that know how to use data. The power of data in profit maximization is just incredible. If you can get people and pride and the need for power and expertise out of the way, the data can be unbelievable.
Whatâs worked in the best consulting situations youâve had when youâve been inside companies? What about the culture of the company that succeeded made it work?
Levitt: The kinds of companies that we work well with are companies which have had some success and, more recently, have had less than success. Because they know what itâs like to do well but they also see that itâs fragile. We wrote in our book, âThink Like A Freak,â about being willing to say, âI donât know.â That, I think, is the key thing for success with us. We donât know anything about the businesses we work with. We go in and say, we donât know anything about what you do. We just come in as outsiders. Itâs only the firms where people are willing to say, âWe donât know the answers.â The only firms that are willing to say they donât know the answers are the firms that are getting clobbered. But if youâre getting clobbered too badly then things are spiraling out of control and no oneâs actually got any time to do real work anymore.
Are journalists doing enough with data?Â
Dubner: Itâs certainly gotten better. I used to work at the New York Times as my day job. I was always somewhat more numerate than average just because Iâd always liked math and I like economics even though those werenât my concentrations. It was really surprising to me how much the media was really innumerate. When you donât know something about something, as we all know, your typical response is often dismissiveness or fear/intimidation. It wasnât like the belief that this is important to tell a certain kind of story, therefore let me try to figure it out or find advice. Itâs more like, âLet me go the other direction.â The other direction is journalism by anecdote. I donât like that so much. I like a hybrid. I like storytelling with data in it.
That said, in the last 10 years, you look at the Upshot at the New York Times, you look at FiveThirtyEight, I think there has been a huge improvement. That said, I feel like they basically built a better silo. The people who produce that and consume it, is still relatively small. CNBC financial reporting has some of the most inside-out backwards data proclamations that you can ever hope to see. Granted youâre dealing with the stock market primarily, which is one big weirdly misconstrued black box of people who donât really know what the outcomes are, pretending that they do. I think that there are people fighting the good fight. Iâm not saying weâre some kind of heroes. We just do it because we like it. But I think itâs still a little on the margins.
Iâll say one more thing about what Levitt said about in response to your question about firms or institutions changing. I think a big part of it is that, like you see in hospitals, for instance, or big insurance companies, the people who have the leverage to make decisions tend to be older or more entrenched. Theyâve made it in their career and itâs scary to say, âYou know what, Iâm going to take everything I thought I knew about how to run this business and figure everything and embrace a different data approach and learn that.â I think thatâs why you see the younger firms, or whatever you want to call them, digital natives or data natives, they have a totally different approach to it. And I get it. Itâs incentives. I see why people are protectionist without it but I donât like it.
Levitt: While itâs great to talk about data as the driving force in business or politics, the scarcest resource we have is people who can sensibly analyze data and then communicate that. I think thereâs almost no way to learn how to do that. You certainly canât learn it in school. We donât teach it at the University of Chicago. I donât think anywhere they really teach that. In the absence of talent, there are really limits. I draw a very stark contrast to computer programming. When there was a need for computer programming that started to arise in the â70s, and has grown ever since, we figured out very effective ways of training computer programmers. Take somebody who is reasonably intelligent, and within four to six months, theyâre a semi-decent programmer. And within a few years, theyâre an excellent programmer, usually. But we havenât figured out, the market has not yet figured out, how to train people to do data analysis. In some ways, itâs a much more amorphous task than programming. Itâs more difficult to teach and thereâs such a small set of people who have the experience and the training and the talent to do it.
Dubner: You should talk about your dream, your academy.
Levitt: I had a dream of doing a data science academy, but the reality was there was so much work. In the end, it just didnât make sense.
Thereâs clearly a demand for it. This conference sells out.
Levitt: The demand is clear. If you look at the projections of the job of the data scientist, and the salaries of data scientists, itâs obvious that is the future. So what I say to my talented undergrads is, âForget about getting an economics PhD. Forget about going to law school or med school.â The best jobs in terms of fun, interesting, always different, challenging, the sky is the limit, right now, itâs a data scientist.
We share something in common in that weâve each spent a lot of time with Nathan Myhrvold. (His stratoshield idea was featured in SuperFreakonomics) Is it more needed than ever now, given (the U.S. withdrawal from) the Paris Climate Accord?
Dubner: I donât know if itâs needed more than ever because of that. Honestly, I havenât been following closely the temperature data. There was a period where Nathanâs group I donât think made a lot of headway, but David Keithâs group and some others were making headway in trying some small-scale trials of geoengineering. Look, I do hope that, whether itâs that idea specifically or, I donât know if you remember in SuperFreak, we also wrote about their idea for hurricane mitigation ⊠which they have no idea if it would really, really work but that is the kind of idea â forget about data, per se â but itâs the kind of idea that really does change the world, that it would be nice to experiment with more.
You know, the other thing I learn about, the more history I read, is that almost every trailblazing, truly groundbreaking new idea â history of medicine, history of science, history of finance, you name it, agriculture â almost every one out of the gate is immediately ridiculed and treated as total garbage until tens or hundreds or thousands of years later, people appreciate it, because change is really scary. So, I take that to heart and know that change can often take a really long time. That said, I think the trends for this kind of thinking â data-informed thinking â the trend is definitely up and I find that really encouraging.
Tell me what work so well about your partnership. Because obviously itâs successful. Youâve been doing it for many years.
Dubner: I havenât thought about that in the long time. Itâs been so long since weâve started together. People asked that in the beginning. I remember you described it as, we appreciated the complementaries. I appreciate that Levitt is world-class at what he does. And also what he does is rare. If youâre working with someone who does something that a lot of other people donât do and heâs really, really good at it, Iâm not going to try to do that. Iâm going to try to do my thing. Levitt praises me as having higher-caliber qualities than I truly have. He thinks Iâm better.
Levitt: I was going to give the exact opposite answer. Which is that, I think weâre both better at doing what the other one does than outsiders would expect. When weâre talking about research and how to interpret research, Dubner often has amazing ideas. In the storytelling, sometimes I can come up with the end of the story. What I would say is actually itâs a lack of ego. ⊠On two separate occasions, you wrote entire chapters that took you months to write. And I said, âThis is awful.â And you said, âYeah youâre right. This is awful.â And literally just threw it in the garbage and started over from scratch. Itâs almost unthinkable that anybody would be willing to do that.
Follow Freakonomics on the web and Twitter, and watch the keynote by Dubner and Levitt at the Microsoft Data Insights Summit below.
youtube
from DIYS http://ift.tt/2sHjDDU
0 notes
Text
Can data save the world? We asked âFreakonomicsâ duo Stephen Dubner and Steven Levitt
Journalist Stephen Dubner and economist Steven Levitt are the duo behind the popular âFreakonomicsâ books and podcast, crunching numbers and telling stories that explore the âhidden side of everything,â as their tagline goes. They were in Seattle this week to keynote Microsoftâs Data Insights Summit, and they sat down with GeekWire afterward for a conversation about data and the state of the world.
Listen to the GeekWire podcast below, download the MP3 here, and continue reading for an edited transcript of our conversation with Dubner and Levitt.
Itâs been said that weâre in a post-fact world. Can data save the world, if people pay attention to data in an unvarnished, objective way?
Stephen Dubner: No, but on the other hand, I donât think itâs a question of saving. ⊠The more history you read, the more you realize that this period, while colorful at the very least, is not that anomalous really in terms of political discord. I mean, even American politics. Obviously, weâre on the side of data and weâre on the side of factuality, but I will say this: Weâre not activists. Weâre not advocates. We really try to be non-partisan, no horse in any race, but no matter how loudly we say that we think something should work this way or it would be better to do this, nobody cares. I mean itâs all preaching to choir. I think there is a role for people like us and people who use data and so on, but itâs always going to be â I donât want to say around the margins, Iâm more hopeful of that, but political leverage is massive and thatâs hard to change.
Steven Levitt: I think that data is almost never treated in an unvarnished way. Even within firms, data is manipulated. Itâs brought to the front when it supports a position. Itâs pushed aside when it doesnât. Ultimately, the world is run by people. People use data for their own purposes, their own incentives. Like Dubner said, we believe in data. We live and die with data. But after, for me, 30 years of trying to convince people of things with data, what Dubner said was true. Stories are better than data even if youâre trying to be in the spirit of data.
Dubner: That said, I think an interesting question is, in what realm does it have more leverage? In other words, does it have less leverage in the political realm than, letâs say, the corporate realm? I would say yes, definitely, less in the political realm, because they donât really need to obey it because politics really is a lot about emotion, and Q-Rating and leverage.
Levitt:Â But at the same time, the first Obamacare revision was killed by OMB (Office of Management and Budget). That was a rare case where really sensible data analysis actually intervened. What did they do the next time? They tried to rush it through so quickly that the numbers wouldnât be out by the time they had passed it. Now, that was just the House, and with the Senate, who knows what will happen. But occasionally, thereâs a role for data.
Levitt, you talked on stage about your data consulting work. You let the data speak for itself. You donât take people to conclusions or interpret it. You talked about your work with King Games, maker of Candy Crush. Is there one tech company or other company out there thatâs just crushing it with data â that really understands it? Weâre here in the home of Amazon and Microsoft and the tech world.
Levitt: Many of the tech companies, the new companies, do an amazing job with data. Iâve never worked too much with Amazon but every indication is that they do. King Games was an amazing data-driven company. I honestly, though, have never seen an old firm, like a brick-and-mortar firm, that did much good with data, ever. I donât know whether thatâs a legacy of the way they think. Itâs often a legacy of the systems they use. But I think the future belongs to firms that know how to use data. The power of data in profit maximization is just incredible. If you can get people and pride and the need for power and expertise out of the way, the data can be unbelievable.
Whatâs worked in the best consulting situations youâve had when youâve been inside companies? What about the culture of the company that succeeded made it work?
Levitt: The kinds of companies that we work well with are companies which have had some success and, more recently, have had less than success. Because they know what itâs like to do well but they also see that itâs fragile. We wrote in our book, âThink Like A Freak,â about being willing to say, âI donât know.â That, I think, is the key thing for success with us. We donât know anything about the businesses we work with. We go in and say, we donât know anything about what you do. We just come in as outsiders. Itâs only the firms where people are willing to say, âWe donât know the answers.â The only firms that are willing to say they donât know the answers are the firms that are getting clobbered. But if youâre getting clobbered too badly then things are spiraling out of control and no oneâs actually got any time to do real work anymore.
Are journalists doing enough with data?Â
Dubner: Itâs certainly gotten better. I used to work at the New York Times as my day job. I was always somewhat more numerate than average just because Iâd always liked math and I like economics even though those werenât my concentrations. It was really surprising to me how much the media was really innumerate. When you donât know something about something, as we all know, your typical response is often dismissiveness or fear/intimidation. It wasnât like the belief that this is important to tell a certain kind of story, therefore let me try to figure it out or find advice. Itâs more like, âLet me go the other direction.â The other direction is journalism by anecdote. I donât like that so much. I like a hybrid. I like storytelling with data in it.
That said, in the last 10 years, you look at the Upshot at the New York Times, you look at FiveThirtyEight, I think there has been a huge improvement. That said, I feel like they basically built a better silo. The people who produce that and consume it, is still relatively small. CNBC financial reporting has some of the most inside-out backwards data proclamations that you can ever hope to see. Granted youâre dealing with the stock market primarily, which is one big weirdly misconstrued black box of people who donât really know what the outcomes are, pretending that they do. I think that there are people fighting the good fight. Iâm not saying weâre some kind of heroes. We just do it because we like it. But I think itâs still a little on the margins.
Iâll say one more thing about what Levitt said about in response to your question about firms or institutions changing. I think a big part of it is that, like you see in hospitals, for instance, or big insurance companies, the people who have the leverage to make decisions tend to be older or more entrenched. Theyâve made it in their career and itâs scary to say, âYou know what, Iâm going to take everything I thought I knew about how to run this business and figure everything and embrace a different data approach and learn that.â I think thatâs why you see the younger firms, or whatever you want to call them, digital natives or data natives, they have a totally different approach to it. And I get it. Itâs incentives. I see why people are protectionist without it but I donât like it.
Levitt: While itâs great to talk about data as the driving force in business or politics, the scarcest resource we have is people who can sensibly analyze data and then communicate that. I think thereâs almost no way to learn how to do that. You certainly canât learn it in school. We donât teach it at the University of Chicago. I donât think anywhere they really teach that. In the absence of talent, there are really limits. I draw a very stark contrast to computer programming. When there was a need for computer programming that started to arise in the â70s, and has grown ever since, we figured out very effective ways of training computer programmers. Take somebody who is reasonably intelligent, and within four to six months, theyâre a semi-decent programmer. And within a few years, theyâre an excellent programmer, usually. But we havenât figured out, the market has not yet figured out, how to train people to do data analysis. In some ways, itâs a much more amorphous task than programming. Itâs more difficult to teach and thereâs such a small set of people who have the experience and the training and the talent to do it.
Dubner: You should talk about your dream, your academy.
Levitt: I had a dream of doing a data science academy, but the reality was there was so much work. In the end, it just didnât make sense.
Thereâs clearly a demand for it. This conference sells out.
Levitt: The demand is clear. If you look at the projections of the job of the data scientist, and the salaries of data scientists, itâs obvious that is the future. So what I say to my talented undergrads is, âForget about getting an economics PhD. Forget about going to law school or med school.â The best jobs in terms of fun, interesting, always different, challenging, the sky is the limit, right now, itâs a data scientist.
We share something in common in that weâve each spent a lot of time with Nathan Myhrvold. (His stratoshield idea was featured in SuperFreakonomics) Is it more needed than ever now, given (the U.S. withdrawal from) the Paris Climate Accord?
Dubner: I donât know if itâs needed more than ever because of that. Honestly, I havenât been following closely the temperature data. There was a period where Nathanâs group I donât think made a lot of headway, but David Keithâs group and some others were making headway in trying some small-scale trials of geoengineering. Look, I do hope that, whether itâs that idea specifically or, I donât know if you remember in SuperFreak, we also wrote about their idea for hurricane mitigation ⊠which they have no idea if it would really, really work but that is the kind of idea â forget about data, per se â but itâs the kind of idea that really does change the world, that it would be nice to experiment with more.
You know, the other thing I learn about, the more history I read, is that almost every trailblazing, truly groundbreaking new idea â history of medicine, history of science, history of finance, you name it, agriculture â almost every one out of the gate is immediately ridiculed and treated as total garbage until tens or hundreds or thousands of years later, people appreciate it, because change is really scary. So, I take that to heart and know that change can often take a really long time. That said, I think the trends for this kind of thinking â data-informed thinking â the trend is definitely up and I find that really encouraging.
Tell me what work so well about your partnership. Because obviously itâs successful. Youâve been doing it for many years.
Dubner: I havenât thought about that in the long time. Itâs been so long since weâve started together. People asked that in the beginning. I remember you described it as, we appreciated the complementaries. I appreciate that Levitt is world-class at what he does. And also what he does is rare. If youâre working with someone who does something that a lot of other people donât do and heâs really, really good at it, Iâm not going to try to do that. Iâm going to try to do my thing. Levitt praises me as having higher-caliber qualities than I truly have. He thinks Iâm better.
Levitt: I was going to give the exact opposite answer. Which is that, I think weâre both better at doing what the other one does than outsiders would expect. When weâre talking about research and how to interpret research, Dubner often has amazing ideas. In the storytelling, sometimes I can come up with the end of the story. What I would say is actually itâs a lack of ego. ⊠On two separate occasions, you wrote entire chapters that took you months to write. And I said, âThis is awful.â And you said, âYeah youâre right. This is awful.â And literally just threw it in the garbage and started over from scratch. Itâs almost unthinkable that anybody would be willing to do that.
Follow Freakonomics on the web and Twitter, and watch the keynote by Dubner and Levitt at the Microsoft Data Insights Summit below.
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Can data save the world? We asked âFreakonomicsâ duo Stephen Dubner and Steven Levitt
Journalist Stephen Dubner and economist Steven Levitt are the duo behind the popular âFreakonomicsâ books and podcast, crunching numbers and telling stories that explore the âhidden side of everything,â as their tagline goes. They were in Seattle this week to keynote Microsoftâs Data Insights Summit, and they sat down with GeekWire afterward for a conversation about data and the state of the world.
Listen to the GeekWire podcast below, download the MP3 here, and continue reading for an edited transcript of our conversation with Dubner and Levitt.
Itâs been said that weâre in a post-fact world. Can data save the world, if people pay attention to data in an unvarnished, objective way?
Stephen Dubner: No, but on the other hand, I donât think itâs a question of saving. ⊠The more history you read, the more you realize that this period, while colorful at the very least, is not that anomalous really in terms of political discord. I mean, even American politics. Obviously, weâre on the side of data and weâre on the side of factuality, but I will say this: Weâre not activists. Weâre not advocates. We really try to be non-partisan, no horse in any race, but no matter how loudly we say that we think something should work this way or it would be better to do this, nobody cares. I mean itâs all preaching to choir. I think there is a role for people like us and people who use data and so on, but itâs always going to be â I donât want to say around the margins, Iâm more hopeful of that, but political leverage is massive and thatâs hard to change.
Steven Levitt: I think that data is almost never treated in an unvarnished way. Even within firms, data is manipulated. Itâs brought to the front when it supports a position. Itâs pushed aside when it doesnât. Ultimately, the world is run by people. People use data for their own purposes, their own incentives. Like Dubner said, we believe in data. We live and die with data. But after, for me, 30 years of trying to convince people of things with data, what Dubner said was true. Stories are better than data even if youâre trying to be in the spirit of data.
Dubner: That said, I think an interesting question is, in what realm does it have more leverage? In other words, does it have less leverage in the political realm than, letâs say, the corporate realm? I would say yes, definitely, less in the political realm, because they donât really need to obey it because politics really is a lot about emotion, and Q-Rating and leverage.
Levitt:Â But at the same time, the first Obamacare revision was killed by OMB (Office of Management and Budget). That was a rare case where really sensible data analysis actually intervened. What did they do the next time? They tried to rush it through so quickly that the numbers wouldnât be out by the time they had passed it. Now, that was just the House, and with the Senate, who knows what will happen. But occasionally, thereâs a role for data.
Levitt, you talked on stage about your data consulting work. You let the data speak for itself. You donât take people to conclusions or interpret it. You talked about your work with King Games, maker of Candy Crush. Is there one tech company or other company out there thatâs just crushing it with data â that really understands it? Weâre here in the home of Amazon and Microsoft and the tech world.
Levitt: Many of the tech companies, the new companies, do an amazing job with data. Iâve never worked too much with Amazon but every indication is that they do. King Games was an amazing data-driven company. I honestly, though, have never seen an old firm, like a brick-and-mortar firm, that did much good with data, ever. I donât know whether thatâs a legacy of the way they think. Itâs often a legacy of the systems they use. But I think the future belongs to firms that know how to use data. The power of data in profit maximization is just incredible. If you can get people and pride and the need for power and expertise out of the way, the data can be unbelievable.
Whatâs worked in the best consulting situations youâve had when youâve been inside companies? What about the culture of the company that succeeded made it work?
Levitt: The kinds of companies that we work well with are companies which have had some success and, more recently, have had less than success. Because they know what itâs like to do well but they also see that itâs fragile. We wrote in our book, âThink Like A Freak,â about being willing to say, âI donât know.â That, I think, is the key thing for success with us. We donât know anything about the businesses we work with. We go in and say, we donât know anything about what you do. We just come in as outsiders. Itâs only the firms where people are willing to say, âWe donât know the answers.â The only firms that are willing to say they donât know the answers are the firms that are getting clobbered. But if youâre getting clobbered too badly then things are spiraling out of control and no oneâs actually got any time to do real work anymore.
Are journalists doing enough with data?Â
Dubner: Itâs certainly gotten better. I used to work at the New York Times as my day job. I was always somewhat more numerate than average just because Iâd always liked math and I like economics even though those werenât my concentrations. It was really surprising to me how much the media was really innumerate. When you donât know something about something, as we all know, your typical response is often dismissiveness or fear/intimidation. It wasnât like the belief that this is important to tell a certain kind of story, therefore let me try to figure it out or find advice. Itâs more like, âLet me go the other direction.â The other direction is journalism by anecdote. I donât like that so much. I like a hybrid. I like storytelling with data in it.
That said, in the last 10 years, you look at the Upshot at the New York Times, you look at FiveThirtyEight, I think there has been a huge improvement. That said, I feel like they basically built a better silo. The people who produce that and consume it, is still relatively small. CNBC financial reporting has some of the most inside-out backwards data proclamations that you can ever hope to see. Granted youâre dealing with the stock market primarily, which is one big weirdly misconstrued black box of people who donât really know what the outcomes are, pretending that they do. I think that there are people fighting the good fight. Iâm not saying weâre some kind of heroes. We just do it because we like it. But I think itâs still a little on the margins.
Iâll say one more thing about what Levitt said about in response to your question about firms or institutions changing. I think a big part of it is that, like you see in hospitals, for instance, or big insurance companies, the people who have the leverage to make decisions tend to be older or more entrenched. Theyâve made it in their career and itâs scary to say, âYou know what, Iâm going to take everything I thought I knew about how to run this business and figure everything and embrace a different data approach and learn that.â I think thatâs why you see the younger firms, or whatever you want to call them, digital natives or data natives, they have a totally different approach to it. And I get it. Itâs incentives. I see why people are protectionist without it but I donât like it.
Levitt: While itâs great to talk about data as the driving force in business or politics, the scarcest resource we have is people who can sensibly analyze data and then communicate that. I think thereâs almost no way to learn how to do that. You certainly canât learn it in school. We donât teach it at the University of Chicago. I donât think anywhere they really teach that. In the absence of talent, there are really limits. I draw a very stark contrast to computer programming. When there was a need for computer programming that started to arise in the â70s, and has grown ever since, we figured out very effective ways of training computer programmers. Take somebody who is reasonably intelligent, and within four to six months, theyâre a semi-decent programmer. And within a few years, theyâre an excellent programmer, usually. But we havenât figured out, the market has not yet figured out, how to train people to do data analysis. In some ways, itâs a much more amorphous task than programming. Itâs more difficult to teach and thereâs such a small set of people who have the experience and the training and the talent to do it.
Dubner: You should talk about your dream, your academy.
Levitt: I had a dream of doing a data science academy, but the reality was there was so much work. In the end, it just didnât make sense.
Thereâs clearly a demand for it. This conference sells out.
Levitt: The demand is clear. If you look at the projections of the job of the data scientist, and the salaries of data scientists, itâs obvious that is the future. So what I say to my talented undergrads is, âForget about getting an economics PhD. Forget about going to law school or med school.â The best jobs in terms of fun, interesting, always different, challenging, the sky is the limit, right now, itâs a data scientist.
We share something in common in that weâve each spent a lot of time with Nathan Myhrvold. (His stratoshield idea was featured in SuperFreakonomics) Is it more needed than ever now, given (the U.S. withdrawal from) the Paris Climate Accord?
Dubner: I donât know if itâs needed more than ever because of that. Honestly, I havenât been following closely the temperature data. There was a period where Nathanâs group I donât think made a lot of headway, but David Keithâs group and some others were making headway in trying some small-scale trials of geoengineering. Look, I do hope that, whether itâs that idea specifically or, I donât know if you remember in SuperFreak, we also wrote about their idea for hurricane mitigation ⊠which they have no idea if it would really, really work but that is the kind of idea â forget about data, per se â but itâs the kind of idea that really does change the world, that it would be nice to experiment with more.
You know, the other thing I learn about, the more history I read, is that almost every trailblazing, truly groundbreaking new idea â history of medicine, history of science, history of finance, you name it, agriculture â almost every one out of the gate is immediately ridiculed and treated as total garbage until tens or hundreds or thousands of years later, people appreciate it, because change is really scary. So, I take that to heart and know that change can often take a really long time. That said, I think the trends for this kind of thinking â data-informed thinking â the trend is definitely up and I find that really encouraging.
Tell me what work so well about your partnership. Because obviously itâs successful. Youâve been doing it for many years.
Dubner: I havenât thought about that in the long time. Itâs been so long since weâve started together. People asked that in the beginning. I remember you described it as, we appreciated the complementaries. I appreciate that Levitt is world-class at what he does. And also what he does is rare. If youâre working with someone who does something that a lot of other people donât do and heâs really, really good at it, Iâm not going to try to do that. Iâm going to try to do my thing. Levitt praises me as having higher-caliber qualities than I truly have. He thinks Iâm better.
Levitt: I was going to give the exact opposite answer. Which is that, I think weâre both better at doing what the other one does than outsiders would expect. When weâre talking about research and how to interpret research, Dubner often has amazing ideas. In the storytelling, sometimes I can come up with the end of the story. What I would say is actually itâs a lack of ego. ⊠On two separate occasions, you wrote entire chapters that took you months to write. And I said, âThis is awful.â And you said, âYeah youâre right. This is awful.â And literally just threw it in the garbage and started over from scratch. Itâs almost unthinkable that anybody would be willing to do that.
Follow Freakonomics on the web and Twitter, and watch the keynote by Dubner and Levitt at the Microsoft Data Insights Summit below.
youtube
from DIYS http://ift.tt/2sHjDDU
0 notes