Data Is The New Oil — And That’s A Good Thing

Back in 2017, The Economist published a story titled, “The world’s most valuable resource is no longer oil, but data.” Since its publication, the topic has generated a great deal of discussion, and “Data is the new oil” has become a common refrain. The problem is that the discussion usually focuses on why this is a bad thing.

Sure, there are legitimate concerns about how tech giants are exploiting what they know about us. But at the same time, there are myriad ways in which all this data can (and does) improve the world.

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