Big Data Analytics

The steps that were taken help society with a mandate of fairness that consists in
specific domains. For example, credit, employment, health education, and housing.
The regulatory protections and the existing legislation govern the use of how data
that is personal can be used the different contexts. The algorithms are predictive
but are used in a way that the decisions made usually with the people’s assistance
and the data that goes into them are done with some sort of correction, means of
redress, and with a degree of transparency.
On big decisions like, insurance, and credit consumers are given the right to
acquire why a certain decision is made towards them and the information that was
used to help make the decision. If there was somehow some underlying data with
errors, it is corrected. With this information from the report it does allow the
private and public sectors to utilize and maximize the benefits by use of big data
the risk is still there, but it is minimized by the transparency to the consumer.
The report goes on to say that big data does raise some vexing issues in the
public sector. This can cause someone not see what opportunities that these
processes and technologies can offer. Easily sight can be lost to grow the economy,
improve safety and health and improve public services. The opportunities are very
real and important. There is must that the opportunities be kept in the main dialog
of conversation.
Because big data has enormous power that can help make provisions of services
even better across a broad spectrum of our governments activity to detect waste,
fraud, and abuse at rates that are higher. Big data can be utilized more than what it
is being used for now to keep more energy efficient and safer.
The general public must think security first when starting ne w social media
accounts. That must educate themselves on how their account can be hacked by
simple things. For example, a weak password. Consumers must protect their
privacy too.