Data is the New Hot, Drop-dead Gorgeous Field
We all know this already, but it's nice to get some backing from The New York Times every now and then. In this NYT article, that I'm sure has spread to every statistician's email inbox by now, Steve Lohr describes the dead sexy that is statistics:
The rising stature of statisticians, who can earn $125,000 at top companies in their first year after getting a doctorate, is a byproduct of the recent explosion of digital data. In field after field, computing and the Web are creating new realms of data to explore sensor signals, surveillance tapes, social network chatter, public records and more. And the digital data surge only promises to accelerate, rising fivefold by 2012, according to a projection by IDC, a research firm.
I've got about one more year (hopefully) until I finish graduate school. Hmm, things are looking up, yeah? Of course, it's never been about the money. The profession of statistician didn't nearly seem so hot when I started school. The best news here is that us data folk are going to get paid for doing what we enjoy, and as time goes on there's only going to be more data to play with, and we're going to be in high demand:
Yet data is merely the raw material of knowledge. "We're rapidly entering a world where everything can be monitored and measured," said Erik Brynjolfsson, an economist and director of the Massachusetts Institute of Technology's Center for Digital Business. "But the big problem is going to be the ability of humans to use, analyze and make sense of the data."
Wait, but it's not just statisticians who can interpret data:
Though at the fore, statisticians are only a small part of an army of experts using modern statistical techniques for data analysis. Computing and numerical skills, experts say, matter far more than degrees. So the new data sleuths come from backgrounds like economics, computer science and mathematics.
Like a... data scientist? Excellent.