In the 2002 science-fiction film Minority Report, the main character (played by Tom Cruise) is chased through a shopping precinct. As he runs past advertising billboards, they call to him by name, images shifting to show things he might want to buy. I was at Wired magazine's money conference this month, and an executive from online payments giant PayPal asked if the audience would find this cool' or creepy' in real life. As an evangelist for a firm closely linked to online retail, he thought it was cool' that firms could easily spot you, and sell you goods you might actually want. Much of the audience thought it was creepy'. I didn't think either fitted. The word I had in mind was annoying'.
Yes, there are lots of creepy' aspects to our heavily monitored existence. Look at the fate of US spy agency whistleblower Ed Snowden, seemingly destined for exile in Venezuela. He may turn out to be a cunning double agent. But I suspect he's just an idealistic 30-year-old who hasn't yet quite realised what he gave up to tell the world what we already knew. Equally, lots of cool' benefits can come from sharing data. Our cover story looks at some of the uses for big data and ways to invest in the sector. We also profile the billionaire founder of one of the most useful companies you've probably never heard of map-making specialists Esri.
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