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You've completely missed my point, and your zero sum game comment is a tangent. I'm pointing out how the farmer isn't getting a cut. Another way of saying wha
by dogman144 3y ago
You've completely missed my point, and your zero sum game comment is a tangent.
I'm pointing out how the farmer isn't getting a cut.
Another way of saying what you just did is the value to the finance company's buy is going straight to JD, and not to the farmer.
And that data is powering a massive commodities trading industry, with value at orders of magnitude ever higher than a farmer could hope to earn, even though the value is only, and fully, sourced from their work.
And the point is I doubt JD is bothering to consider or tell the farmer they could get a cut of the data from their own fields powering that value. When farmers and ranchers are losing their multi-generational livelihoods largely driven by other impacts from a digital world, it's a gross practice by JD, considering the farmer's work plays a key role in it.
Edit - I'm not going to veer into a back-and-forth on this, but I encourage you to ask a JD product manager about a farmer getting a data-sales cut, or maybe even try to force that across the company from your relative position, and see how that plays out.
- bluGill 3y agoAFAiK there is no data sales. Note that there is data from Europe subject to Europe's data laws - while we don't mix that data with non-europe data, all such data is treated the same. Yes in theory we can do whatever evil you want to imagine. However realistically I don't see it happening. Getting caught selling that data means farmers lose trust and won't buy any more million dollar machines - sales of equipment is in the end worth far more than the data.
- dogman144 3y agowhere do you think this data comes from - https://www.cmegroup[.]com/market-data/browse-data/agriculture-data.html#third-party-data https://www.cmegroup[.]com/market-data/browse-data/agricultu... More context: "...Seba sees it differently. It’s one thing for Deere to use his data to make a better tractor. But, he said, Deere knows when he’s planting, and he’s convinced the company sells that data to weather companies and commodities traders. Deere denies that it sells aggregated farm data to traders. Nevertheless, it’s the billions of acres of data the company collects that allows it to enter into lucrative business partnerships with complementary companies, such as Dow DuPont, which depends on soil information to make nutrient and seed planting “prescriptions."" https://thecounter[.]org/farmobile-farm-data/ https://thecounter[.]org/farmobile-farm-data/