Posts Tagged: "data mining"

The privacy implications of the driverless car are significant. The data that such a vehicle could collect and the potential uses of that data could be extraordinarily intrusive. Driverless cars could provide both historic and real-time, continuous geolocation data. Companies could utilize this data to determine not only your current location and destination but also every place that you have been. This data could lead to commercially valuable, but extremely sensitive and intimate information about individuals being discovered. Advertisers may be able to discern the purchasing patterns of individuals by tracking what stores they frequent. Insurers may be able to determine what the lifestyle of individuals is like by following their daily activities (e.g., constant trips to the gym) and dining habits (e.g., persistent trips to fast food restaurants).

Companies at the cutting edge of their industries have realized the immense value of their patent portfolios and are still trying to make the most of that value – but it is not easy. A semiconductor or electronics company can have tens of thousands of patents; finding the patents that are the most valuable is one of its biggest problems. These patents are needed to determine the strategy for patent sale, licensing or litigation, and without them the company is basically stuck and can’t move forward. The process is like sorting the grain from the chaff.

Despite shrinking revenues, IBM may be able to chart its way back to stability if success continues for its Watson cognitive computing platform, the corporation’s fastest growing division by revenues and one which is proving applicable to a surprising range of industries. To profile IBM’s recent research and development related to Watson, we thought that we’d profile a series of data analytic and predictive modeling technologies for which IBM has been issued patents. For example, the evaluation of medical diagnoses for evaluating predictionaccuracy is detailed within U.S. Patent No. 9,235,808, entitled Evaluation of Predictions in the Absence of a Known Ground Truth. It claims a method to evaluate a prediction that a patient has a given disease by collecting a plurality of clinical data from each patient.

Is Uber really a technology company? Essentially, Uber runs a car service and at first glance the company is no more a technology company than any other company that happens to have an app, such as your local grocery store. But as you dig deeper you start to see that Uber’s value is not in running a car service, but rather in mining all kinds of data from the devices of those using its service. In fact, Uber’s privacy policy, which governs the information users allow them to collect from their devices, is substantially longer than the document labeled “terms of service.”