“In business and economic decision making, reliance on data
causes severe side effects—data is now plentiful thanks to connectivity, and
the proportion of spuriousness in the data increases as one gets more immersed
in it. A very rarely discussed property of data: it is toxic in large
quantities—even in moderate quantities…. The more frequently you look at data,
the more noise you are disproportionally likely to get (rather than the
valuable part, called the signal); hence the higher the noise-to-signal ratio.”
–Nassim Taleb, Antifragile
