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Data is the New Oil

Mar 09, 2017

We (politely) disagree:

1. Data is much more valuable than oil

2. Data is an unlimited commodity; it doesn't have limitations of a fossil fuel. There will be no "peak data."

3. A unit of oil occupies a given space, data can be copied at marginal cost with zero degradation. Much tougher to use as a bargaining chip if it can be everywhere, freely

Interesting article, though:

http://fortune.com/2016/07/11/data-oil-brainstorm-tech/