Etiqueta: value of data
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Towards a Human-Centric Data Economy
Spurred by widespread adoption of artificial intelligence and machine learning, “data” is becoming a key production factor, comparable in importance to capital, land, or labour in an increasingly digital economy. In spite of an ever-growing demand for third-party data in the B2B market, firms are generally reluctant to share their information. This is due to…
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About the Value of Personal Data
“Data” is becoming a key production factor, comparable in importance to capital, land, or labour in an increasingly digital economy. Due to the unique characteristics of “data” as an economic good, data markets are underperforming, concentrated and geographically imbalanced, which undermines the immense potential of machine learning and artificial intelligence.Aiming to unlock this potential, several…
Santiago Andrés Azcoitia 