Big Data is Not the New Oil

Data are being created in vast quantities every day.   Finding value from data is a process of cultivation rather than one of extraction or refinement.

Our experience with oil has been fraught – Fortunes made at the cost of dwindling resources, bloody mercenary conflicts, a terrifying climate crisis.   To extend the analogy, data spills have already happened.   How much longer before we see dangerous data drilling practices?   Or the negative long term effects from data pollution? (more…)