Loading...Information is the most valuable commodity
Somewhere in history, it came across people’s minds that information was a commodity — one they could sell or trade for fortunes.
Nowadays, the Internet arguably represents the most crowded marketplace for buying and selling information. Every advertisement that pops-up on your computer screen was not sent by random. It has been carefully selected to match your preferences, browsing history, age, sex, nationality, occupation, and online interactions.
One of the biggest problems is that you’re not the one who collects the rewards for giving away those data.
Data (the source of information) replaced land, not oil as the top commodity, here’s why – “Data are an asset, but merely having them does not reveal their value; it must be developed to maximize its value. The value of data is not what someone else will pay for it, it is in how you can use it.”
Who would have through this true 50 years ago. Funny old world.