The Impact of Big Data Era on Economy and Society

This problem can be briefly expounded from two aspects.

First, business logic. In the past, the commodity sales model followed certain business logic concepts. For example, the sales of chewing gum placed at the front desk of the supermarket are better, which is based on the design of traditional business models such as marketing and psychology. In the era of big data, historical data does not need business logic analysis, and chewing gum is put in the foreground because it is the best after many data analyses.

Secondly, judging people's consumption habits and historical data, big data will accurately predict possible consumption, maximize the inventory of production enterprises, and scientifically design their capacity requirements.