The world’s most valuable resource is no longer oil, but data

Started by Mackin USA, May 05, 2017, 12:05:56 PM

Previous topic - Next topic

Mackin USA

This abundance of data changes the nature of competition. Technology giants have always benefited from network effects: the more users Facebook signs up, the more attractive signing up becomes for others. With data there are extra network effects.

http://www.economist.com/news/leaders/21721656-data-economy-demands-new-approach-antitrust-rules-worlds-most-valuable-resource

I'm not a big fan of the economist but I read it every day
Mr. Mackin