Since looking at how Watt4Bob looks at things in a different way to extract a different meaning I have adopted a re-thinking approach. In the prior blog I went so far as to question the supremacy of Action over Object in the matter of which came first in the universe. Perhaps it was Action that created a binary deviation in the nature of nothing by creating a wave Object as a function of an Action. Time in the verb form therefore was pre-existent and essential to the creation of any Object noun thing. Interesting idea.
This is a different view of Macro and Micro level data mining. Data mining seeks to extract knowledge. "Wadda ya know?" is a very broad question. About anything.
"Wadda ya wanna know?" The answer narrows the scope. A simple search on "data mining" show many hits on economics being a significant sector of interest. Of course. That is where data mining makes money! Making Money is a significant focus of interest. Making money is a problem domain with a food chain. At the bottom is the individual consumer level. There is an entire upper structure of levels each making money on any or all of lower levels.
That is the frame in which I look at Macro and Micro data mining. A frame in which data is mined related to focusing on knowing the structure and function of a data mining look at any given level from Micro to Macro. Micro being the individual consumer. Macro being the top level aggregate entities. Business, government.
The question in this knowledge quest is what do we know in terms of structure and function through data mining any given entity level from the bottom individual person consumer up through levels of various entities of any type that aggregate structures and processes for some purpose that relates to individuals in terms of service and/or extraction of benefit. Gain of some type.
Simply: What can we know about institution entities, what knowledge can we discover by data mining? I think that we can learn very little about institutional entities but they can learn a vast amount of information and the knowledge it produces about us as individuals through data mining. It is an asymmetrical situation for several reasons.
Institutions have the resources to do data mining on a vast scale. They have access to data that individuals do not have. They keep their data secret as well as the information and knowledge it produces. In general the structure of institutional entities doing data mining and using the knowledge it produces is complex. Extremely complex as well as guarded by physical and crypto security as well a law.
They, at the macro entities levels, can data mine us. We can't data mine them. We can see the results of this in terms of economics by the disparity of earnings and wealth. However, we cannot connect all the dots to create the knowledge of the system that produced this obvious result.
Knowledge rules. Knowledge is gold.
We need to data mine the macro level to establish the knowledge of truth needed to determine if they are playing on a level field of information rules and transparency as well as identifying the need to change the rules if they are not.
What we need is an "NSA" focused on finding our internal as well as global "bad guys" individuals and institutional entities at the Macro institutional level. A privitized "NSA"?
ICIJ got their hands on data to mine. Off shore account data. They will release the mining rights to the public.
https://www.publicintegrity.org/2016/04/26/19591/coming-soon-icij-release-panama-papers-offshore-companies-data
The database will be published at https://offshoreleaks.icij.org on May 9 at 2 p.m. EDT (1800 UTC).
It will not make private information public. ICIJ has that info but will protect it.....however it can be data mined using methods that I recently blogged about here. That is big time institutional level data mining. It can also be data mined by individual miners...I look forward to seeing the data, extracting information and knowledge. If there a vast number of independent investigators doing the same I would hope that what is discovered can be aggregated.
ICIJ previously released information related to Swiss bank accounts which is now not so easy to find but still available here:
https://offshoreleaks.icij.org/search
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