Growing importance of Statistical analysis

I very recently read Asimov's foundation and he describes the "science" of  psychohistory. Today morning I read these articles(1 and 2). The series of arcticle TR is carrying on emerging technologies is interesting. Anyways the point I was trying to make is that there are 2 things happening. One is our increased ability to mine data and the second is our ability to analyze data on machines with smaller and smaller sizes. While psychohistory may be a long shot, it seems to me that the emergence of statistical analysis tools, be it for prediction or even analyzing the human genome will become more and more relevant and accurate.
(asimov : what is intelligence )
While reading "foundation" it seems to make sense that psychohistory would be our initial attempt to understand our world. Too many variables in real life to fit nice engineering equations to it. The "theory of everything" if a plausible goal, might need us to move ahead in evolutionary landscape.  Or  maybe its my unprepared brain thats not able to understand our abilities as a species  :)