Big Data Explained

I stumbled upon a very fascinating blog this morning, which is focused on statistics of all things.  He did a perfect job of capturing my frustration with the meaninglessness of the overused term "Big Data".  Here is an excerpt:

What is big data?
Whatever the labeler wants it to be; data that is not small; a faddish buzz word; a recognition that it’s difficult to store and access massive databases; a false (but with occasional, and temporary, bright truths) hope that if characteristics down to the microsecond are known and stored we can predict everything about that most unpredictable species, human beings...