WSJ CIO Network: Data Science Can Empower the Consumer

Andreas Weigend, director, Social Data Lab and Fast Forward Labs CEO Hilary Mason discussed data power structures with Rebecca Blumenstein, the WSJ’s deputy editor in chief, at the WSJ CIO Network event in Half Moon Bay, Calif., Feb. 1, 2016. Gary Fong/Genesis Photos HALF MOON BAY, CALIF. — There’s money to be made in upending the asymmetry in the data power structure, according to data analytics experts speaking at The Wall Street Journal’s CIO Network conference Monday. Most companies today know more about a consumer than he about them, said Andreas Weigend, director of the Social Data Lab at Stanford University and former chief scientist at Inc. This imbalance of information serves as an advantage to companies – but one that may not stand as new firms form with…

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