3 ms·

this study exists! it's called the resource curse, it's about (I think) weird inflation effects that happen when all your wealth comes from a natural resource l

this study exists! it's called the resource curse, it's about (I think) weird inflation effects that happen when all your wealth comes from a natural resource like oil

BurningFrog 6y ago
Ha! Google as an oil emirate is not a bad mental model. Thanx!
- lostlogin 6y ago
  I’ve usually seen the comparison come up when discussing the toxicity of user tracking and advertising tech.
- lmkg 6y ago
  The phrase "Data is the new oil" dates back to at least 2014, so it seems rather appropriate.