This document provides an overview of big data and how it can be used to forecast and predict outcomes. It discusses how large amounts of data are now being collected from various sources like the internet, sensors, and real-world transactions. This data is stored and processed using technologies like MapReduce, Hadoop, stream processing, and complex event processing to discover patterns, build models, and make predictions. Examples of current predictions include weather forecasts, traffic patterns, and targeted marketing recommendations. The document outlines challenges in big data like processing speed, security, and privacy, but argues that with the right techniques big data can help further human goals of understanding, explaining, and anticipating what will happen in the future.