3 ms·
Thought provoking article with a number of good insights. Here are four key quotes: + At any point in time, you can lose all of those investments when consumer
by skmurphy 6y ago
Thought provoking article with a number of good insights. Here are four key quotes:
+ At any point in time, you can lose all of those investments when consumers start exercising their GDPR, CCPA, or LGPD rights.
+ These and similar comprehensive legal frameworks imply that data collection has become a liability, especially when taking the Big Data principles to heart and storing heaps of data that might or might not be relevant at some point in the future.
+ An alternative under active exploration is an ecosystem of personal data, in which every person has their own personal data vault, which we refer to as a data pod.
+ I believe that data-driven companies of the future will derive their value from the intelligence they provide on top of existing data by treating it as a commodity, rather than clinging onto the flawed fantasy of data as the irreplicable resource it clearly isn’t.