Blog about Stats: In a recent paper Emanuele Baldacci, (Director, Eurostat) and Felicia Pelagalli, (President, InnovaFiducia) deal with the ‘challenges for official statistics of changes in the information market spurred by network technology, data revolution and changes in information consumers’ behaviours’ (p.3)
Three scenarios
The status-quo or bad scenario:
‘Information will continue to be consumed via multiple decentralized channels, with new information intermediaries emerging through social platforms, digital opinion leaders, technologies that reinforce belonging to peers with similar profiles and backgrounds, including in terms of beliefs.’ … ‘Under this scenario it is likely that increased competition from alternative data providers will put pressure on the official statistics position in the information ecosystem and lead to drastic reduction of public resources invested in official statistics, as a result of the perceived lack of relevance.’ (p.8)
