Rather than write out a long post today I wanted to link to a bunch of interesting data related developments:
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IBM Watson released five new services to its developer cloud - Speech to text, text to speech, visual recognition, concept insights, and tradeoff analytics. There are some fun mini-demos on the website but if you want to take advantage of visual recognition today one of the cool things you can do is upload a photo set to your Google Drive and search for unlabled images using text descriptions.
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The White House released an interim big data and privacy report
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Lex Machina is using data and machine learning to help companies win lawsuits - This software uses data from litigation to help attorneys ascertain what the most effective litigation strategies are. I think software like this can give new attorneys a leg up against more experienced attorneys who instinctively build this knowledge base over time.
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Planet Money investigated Amazon Mechanical Turk - If you need a large volume of data entered inexpensively then Amazon mechanical turk is probably the best solution. However many of the workers are not making much money from it.