The major airline carriers are plotting to
collect the personal
data of every passenger and use it to
set personalized prices that could mean
big increases for some and discount coupons for others, U.S. Senate Minority Leader Chuck Schumer said.
Although they did not use current terms of art, they were in fact referring to cutting edge technology called «
Big Data,» which is an algorithmic process of collecting and analyzing massive data sets for the purpose of discovering associations, spotting trends, and predicting outco
Data,» which is an algorithmic process of
collecting and analyzing massive
data sets for the purpose of discovering associations, spotting trends, and predicting outco
data sets for the purpose of discovering associations, spotting trends, and predicting outcomes.