Re:From PhD to Data Scientist: Tips for Making the Transition
by dev1n on Wednesday July 31, 2013 @08:35PM
(#6137846)
I mean, developing a new algorithm for data analysis could be just as important to the OP as analyzing bio data to forecast some sort of disease is to someone else.
Re:From PhD to Data Scientist: Tips for Making the Transition
by rogerchucker on Wednesday July 31, 2013 @09:27PM
(#6138041)
Actually advertising and marketing optimization is a very critical problem that hasn't been completely solved yet, especially when privacy concerns are taken into consideration. It is critical towards keeping the Web free and create a more inter-connected economy. While this will obviously have the side-effects of "frivolous" analytics, there is indeed a dearth of enough hybrid practitioners-researchers in data science today. It will probably saturate in 5-10 years but I'm no analyst to predict that.
Not to belittle the meaningful point, but becoming a "data scientist" at a startup or large corporation that makes their money by advertising is analogous to becoming a 'quant' on wall-street in the 80's. You have to be in it to make money, rather than caring about the types of data the developed algorithms are applied on.