A Quote by Ted Cruz

I think data is incredibly powerful for understanding what people are thinking and for allocating resources. — © Ted Cruz
I think data is incredibly powerful for understanding what people are thinking and for allocating resources.
The opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities or avoid the threats. Thus, strategy is essentially a problem of allocating resources. If strategy is to be successful, it must allocate superior resources against a decisive opportunity.
We will continue to work with agencies across the government to unleash the power of open data and to make government data more accessible and usable for entrepreneurs, companies, researchers, and citizens everywhere - innovators who can leverage these resources to benefit Americans in a rapidly growing array of exciting and powerful ways.
Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy.
Design has a powerful impact on the viewer. It has authority, and data also has the same air of authenticity and detail. It can be hard to argue with a graph, and it's hard to argue with data. So to combine data with a strong visual impact creates a powerful message.
Reason and science allow us to properly think about the necessary data that are required in order to answer a given question. This is precisely why the scientific method is the most powerful framework for understanding the world.
I haven't met too many people that don't intend to have a fulfilling life. High-achievers, however, end up allocating their resources in a way that seriously undermines their intended strategy.
The paradigm shift of the ImageNet thinking is that while a lot of people are paying attention to models, let's pay attention to data. Data will redefine how we think about models.
Data, I think, is one of the most powerful mechanisms for telling stories. I take a huge pile of data and I try to get it to tell stories.
My fundamental tenets are concerned with freedom of the individual; the market isn't perfect, but it's the best available way of allocating resources.
Turns out, people's brains are not nearly as powerful a motivator as our hearts. Facts, data, and economic models don't move people to courageous action the way that powerful stories can.
Data is cost. It takes money to create data, store it, clean it, and throw resources at it to learn anything from it.
Take the self-driving car and the smartphone and put those together and think about how to manage a smart grid because suddenly you have all of this data coming from those two mechanisms that allow for a much higher level of allocating energy much more efficiently.
Power is generally defined as control over resources and control over access to resources, which often means control over other people because we're thinking about things like financial resources or shelter, or even love and affection, but we also possess resources that we sometimes can't access.
People imagine enlightenment will make them incredibly powerful. And it does. It makes you the most powerful being in all the universe- but usually no one else notices.
Scientific knowledge is, by its nature, provisional. This is due to the fact that as time goes on, with the invention of better instruments, more data and better data hone our understanding further. Social, cultural, economic, and political context are relevant to our understanding of how science works.
The quantum entered physics with a jolt. It didn't fit anywhere; it made no sense; it contradicted everything we thought we knew about nature. Yet the data seemed to demand it. ... The story of Werner Heisenberg and his science is the story of the desperate failures and ultimate triumphs of the small band of brilliant physicists who-during an incredibly intense period of struggle with the data, the theories, and each other during the 1920s-brought about a revolutionary new understanding of the atomic world known as quantum mechanics.
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