Hacker News: Data Is The New Oil

Tuesday, April 21, 2020

Data Is The New Oil

Tap into millions of market reports with one search. So the real question is Is data the new oil Around a decade ago we first heard the expression Data is the new oil.

Data Is The New Oil Data Has Supplanted Oil As The Fuel For By Will Murphy Towards Data Science

Its a claim youve probably heard multiple times Data is the new oil Now its true that in some ways the analogy fits its easy to draw parallels due to the way information data is used.

Data is the new oil. And that data will soon be worthless once it is lost Power Outages are already the issue of today and will become increasingly the issue of tomorrow thanks to too much expensive environmentally destructive intermittent unreliable grid destabilising renewable energy junk technologies in. How Google Facebook and Amazon Cornered. Ad 46000000 Register users 178 Countries Supported and over 1800000 Active Investors.

Data in the 21st Century is like Oil in the 18th Century. An immensely untapped valuable asset. It was coined by Clive Humby the man that built Clubcard the worlds.

Data needs to be refined Like oil. To create innovative business models usage data and process data may be analysed to enhance servitisation and entirely new mark ets such as fintech. Data Is The New Oil - 25022021 Update Plastic bag consumption Energy efficiency US floods African economies and Oil reserves.

Weve seen it used numerous times from the cover of prominent publications to speeches by Fortune 500 CEOs and world leaders. Treating data like oil has led some governments to hoard data in silos locked behind borders. Data is the new oil.

These titansAlphabet Googles parent company. As a result and perhaps unsurprisingly t he phrase data are the new oil is increasingly heard in discussions on competition in the digital era. Ad Unlimited access to Oil market reports on 180 countries.

Wide Ranges of Assets Investment Types. The phrase data is the new oil as originally proposed by Clive Humby does have some merit to it. Data is the new oil is one of those deceptively simple mantras for the modern world.

Whether in The New York Times The Economist or WIRED the wildcatting nature of oil exploration plus the. Tap into millions of market reports with one search. Learn How To Invest Right Here.

Wide Ranges of Assets Investment Types. In a sense data can be viewed as a resource that is valuable but only if we can find ways to properly extract value from it. A century ago the resource in question was oil.

But while data and oil can both generate value the parallels stop there. Data is clearly the new oil says Jonathan Taplin director emeritus of the USC Annenberg Innovation Lab and the author of Move Fast and Break Things. Saat ini data adalah new oil bahkan lebih berharga dari minyak.

Ad 46000000 Register users 178 Countries Supported and over 1800000 Active Investors. Data is the new Philosophers Stone Key behavioural data is often a byproduct of other actions Google uses click through rates to improve algorithm they realised this was a great way to refine search results better than links relevance and best of all it creates a virtuous circle Airlines found that the best predictor of taking a flight ordering a vegetarian meal. Now similar concerns are being raised by the giants that deal in data the oil of the digital era.

The Ultimate Renewable Resource Its clear that data really is the new oil and that the main impact on humanity isnt how tech giants are monetizing our attention units. Learn How To Invest Right Here. Data is an essential resource that powers the information economy in much the way that oil has fueled the industrial economy.

Like oil for those who see Datas fundamental value and learn to extract and use it there will be. Data yang valid menjadi salah satu kunci pembangunan ujar Jokowi dalam acara pencanangan pelaksanaan sensus penduduk 2020 di Istana Negara Jakarta Jumat 24 Januari 2020. Ad Unlimited access to Oil market reports on 180 countries.

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