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Don't forget that private companies like Google very often create value not by collecting data as such, but by crawling through 50 different US state datasets a
by nerdponx 4y ago
Don't forget that private companies like Google very often create value not by collecting data as such, but by crawling through 50 different US state datasets and untold thousands of county/town datasets to figure out property lines, ZIP code maps, address numbers, etc. There's a symbiotic relationship here, much like research in the natural sciences: basic research and basic data collection is a public good, but there's plenty of value to be added by private industry. It's a win-win as long as the people at large are able to recapture some of the value created by private industry (rather than it being concentrated in the hands of a few stakeholders).