"propose one possible taxonomy of what a data scientist does, in roughly chronological order: Obtain, Scrub, Explore, Model, and iNterpret" Source: dataists » A Taxonomy of Data Science

When it comes to fraud prevention, it is important to recognize that technology alone is insufficient. Fraud managers with years of experience fighting fraud can never be replaced by a machine, but a combination of the two entities can produce far better results. People dedicate their lives to committing fraud with the help of technology; we should do the same [...]

Today, nearly 45 percent of trading is done electronically, according to Coalition, a U.K. firm that tracks the industry. In addition to back-office clerical workers, on Wall Street machines are replacing a lot of highly paid people, too. Source: As Goldman Embraces Automation, Even the Masters of the Universe Are Threatened