The article says that this will both make flash storage more efficient and make statistical calculations quicker. I doubt it will help with fitting simple regressions where have a fixed formula, but the first thing that came to mind were Bayesian problems, especially a Markov chain Monte Carlo (MCMC). Using BUGS to run these simulations can be VERY time consuming, so a faster approach would make the lives of many statisticians much easier. The article did mention that the chip uses Bayesian NAND gates as opposed to digital NAND gates, but I don’t know how that relates to MCMC’s.
I reached out to my favorite Bayesian, Andy Gelman, to see what he thinks. I’ll report back on what he says.
Jared Lander is the Chief Data Scientist of Lander Analytics a New York data science firm, Adjunct Professor at Columbia University, Organizer of the New York Open Statistical Programming meetup and the New York and Washington DC R Conferences and author of R for Everyone.