Daily Links 03/20/2014

There is also considerable evidence that when we are wrestling with decisions that involve many factors, simply concentrating on the problem analytically in the foreground of our thinking — focusing — does not necessarily lead to the best outcomes.

One surprise from the panel is that many self-identified data professionals can’t actually do anything useful with the information they hold. According to Hilary Mason, a data scientist at Accel Partners, some companies are forgetting to employ the scientific method.

“Companies say they’re data driven, but they use it poorly…They lack an experimental process,” said Mason, adding that if a startup appears unable to extract value from its own data set, it’s unlikely anyone else is going to want to invest in that data.