This is a blog article that argues for the end of deductive science. With the amount of information available on the internet, the author Chris Anderson argues that simple model built upon mountains of information can generalize much better than complex causal relationships. He calls this the Petabyte Age and uses example from TextRunner project, Google AdSense, and Google Translation.
Is this the end of deductive science?
On a related note, check out this notion of "transductive science" pioneered by Vladimir Vapnik.
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