Andy Jassy, the chief executive of Amazon Web Services, which is storing huge amounts of data in the cloud.     Mike Blake / Reuters
Andy Jassy, the chief executive of Amazon Web Services, which is storing huge amounts of data in the cloud. Mike Blake / Reuters

Can the manipulation of big data change the way the world thinks?



At first, even the internet experts gathered in Las Vegas for the world’s biggest cloud-computing event thought it was nothing more than a huge joke when Andy Jassy, chief executive of Amazon Web Services (AWS), presented his company’s latest solution for managing the world’s increasingly unmanageable torrent of digital data.

But the 14-metre lorry-hauled “ruggedised” shipping container that rumbled on stage at The Venetian Hotel on November 30 was no joke. Rather, it was an admission that the arteries of the internet are close to being clogged.

The AWS Snowmobile is for companies that have accumulated so much data that it would take decades to upload it to the cloud. The container, a vast hard-drive on wheels, is driven to a company’s data centre and connected by cable. It sucks up the data and, accompanied by guards, delivers it to one of Amazon’s many cloud centres around the world.

In essence, Amazon has resorted to a clunky analogue solution to a growing digital problem. It will come and collect your network-choking digital waste in a large metal bucket.

Mr Jassy told his Vegas audience that when Amazon launched its AWS cloud division in 2006, “the notion of an exabyte of data was completely out there”. Today, “you would not believe how many companies have an exabyte of data they want to move to the cloud”.

An exabyte is a billion billion bytes or the equivalent to all audio, printed and video material held by the United States Library of Congress, 500 times over.

The problem is that uploading this much data to the cloud via even a fast network connection would take about 25 years. Using 10 Snowmobiles, each capable of holding 100 petabytes of data (one tenth of an exabyte), it would take “only” six months, said Mr Jassy.

The Snowmobile is evidence that our commercially driven obsession with digitising every aspect of our existence is out of control. As of October 2016, internet archive The Wayback Machine, a depository of more than 279 billion web pages, held “only” 15 petabytes of data. That there are now companies out there holding data equivalent to 66 copies of the entire internet is mind-boggling.

Like the actual universe following the Big Bang, the digital universe, of which the internet is but a fraction, is expanding rapidly. It is doubling in size every two years. According to market research company International Data Corporation (IDC), in 2013 that universe consisted of 4.4 zettabytes of data (one zettabyte being a thousand exabytes, equivalent to streaming high-definition video for 36,000 years). Over the next five years it will expand to 44 zettabytes (binge-watching Netflix for more than 1.5 million years).

If all the world’s data in 2013 were stored on 128GB iPad Airs stacked one on top of the other, says IDC, the pile would extend two-thirds of the way to the Moon. By 2020, there will be more than six such piles, each reaching all the way to the Moon.

Companies are amassing ever greater volumes of data, hoarding and analysing every trace of our digital lives, the better to sell us products and control our thoughts and behaviours. We are, of course, willing parties to this extraordinary manipulation of our existence.

Much of this data is, after all, generated by us, from using mobile phones, sending emails, posting on Facebook and tweeting, to online banking and shopping, watching YouTube videos or Netflix films and blithely, if uncomprehendingly, uploading every photograph we take to the cloud. (A neat trick. We now pay to access pictures we once happily held on our own hard drives.)

Our digital incontinence is only going to get worse. This is the year we embrace en masse the “internet of things”, the largely pointless but commercially lucrative connectivity of everything from kettles and fridges to home lighting and security systems, not to mention the soon-to-be ubiquitous “conversational interfaces” of Amazon Echo and Google Home.

Is there a benefit to this extraordinary revolution? Certainly, for the companies driving it. According to IDC, the value of the global “big data and business analytics market” will grow from $130 billion (Dh477 bn) at the end of 2016 to $203 billion by 2020.

But what is this unprecedented accretion of intelligence going to do for those of us without shares in Amazon, Google, Apple and the rest? Big data is, after all, in the hands of big corporations and it is already clear that the main purpose of mining and analysing it is to better part us from our money – the Google ads that seem to know your mind are just the start.

That’s fine. The world has always revolved around the relationships between makers, sellers and buyers of stuff. But big data is different. It gives those who control it the ability to shape every aspect of our intellectual and cultural outlooks.

By default, the manipulation of big data is about parting us from our imaginations and the mind-broadening benefits of serendipity. Thumb through a newspaper, for example, and you might well stumble upon something that challenges your preconceptions and makes you think differently about the world and your place in it.

Rely on algorithms for your news and views, and you will be fed a steady diet of your own cultural and political prejudices, in a spiral of narrowing perspective.

We should not, in other words, embrace the wholesale digitisation of human existence as the unalloyed good thing that the purveyors of the Amazon Echo and other toys would have us believe it to be.

IBM likes to say that 90 per cent of all the data in the world today, including all the books, art and films and so on generated in the previous history of the human race, has been created in the past two years alone.

Think about that – all the countless works of art you could never possibly see, the tens of millions of books you will never read, the music you will never hear. Now imagine, in digital form, 10 times everything that has ever been created by human hand being generated in just the past two years, and then wonder about the value of this vast data-berg we are creating.

Before the digital era, the record of human existence was curatable, as witnessed by the world’s great libraries and museums. For millennia, human beings have left records of their existence for the benefit and wonder of future generations, from the 18,000-year-old Stone Age cave paintings in south-west France and the surviving fragments of cuneiform script of ancient Mesopotamia to the art and literature of modern times.

Yet such traces of humanity have, by definition, always been selective. Not everyone could write or draw and not very aspect of every person’s life was considered worthy of archiving. Now, however, it is clear that to future historians we are bequeathing not a priceless treasure trove that will allow them to make perfect sense of our time, so much as a vast digital landfill problem, a databank of trivia beyond curating.

This will be the year that big data comes of age, aided and abetted by our embrace of the burgeoning internet of things and, through the vanity-serving medium of social media, our seemingly inexhaustible fascination with the tedious minutiae of our generally not very fascinating lives.

If we aren’t more selective about what we commit by the truckload to the digital universe, historians may one day look back on 2017 as the year we stuck our heads in the cloud and lost both our imaginations and our minds.

Jonathan Gornall is a regular contributor to The National

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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COMPANY%20PROFILE
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2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

Kathryn Hawkes of House of Hawkes on being a good guest (because we’ve all had bad ones)

  • Arrive with a thank you gift, or make sure you have one for your host by the time you leave. 
  • Offer to buy groceries, cook them a meal or take your hosts out for dinner.
  • Help out around the house.
  • Entertain yourself so that your hosts don’t feel that they constantly need to.
  • Leave no trace of your stay – if you’ve borrowed a book, return it to where you found it.
  • Offer to strip the bed before you go.
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
UAE currency: the story behind the money in your pockets
AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5