From the article: "The buzzword tsunami that is “big data"—a handy way of
describing our vastly improved ability to collect and analyze humongous data
sets—has dwarfed “frictionless sharing” and “cloud computing” combined. As
befits Silicon Valley, “big data” is mostly big hype, but there is one
possibility with genuine potential: that it might one day bring loans—and
credit histories—to millions of people who currently lack access to them. But
what price, in terms of privacy and free will (not to mention the exorbitant
interest rates), will these new borrowers have to pay?" Read more
