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Google: Data Is Like Sunlight

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Google's chief financial officer Ruth Porat said data is more like sunlight than oil. It's an upbeat twist on the phrase 'data is the new oil', which implies information is finite. Her comments at the World Economic Forum come a day after Google was hit with a $57 million fine by French authorities over its data collection practices. Most people know the phrase "data is the new oil," a theory about how the world's most valuable resource is information rather than petroleum. Read more: France fines Google $57 million for breaking Europe's strict new privacy rules Porat isn't the first to try and reframe the economics of data.

Added on the 22/01/2019 12:43:59 - Copyright : Wochit

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