Data increases in value the more it is connected: it is a renewable, not oil

Non-renewable resources are stock-limited

Our economic perception and our modelling of the value of the data is flawed if we treat it as a commodity of limited stock.

If I copy data and send it to you, I do not deplete the stock, I increase the number of connections.

Renewable resources are flow-limited

The rate of generation and replication should be attributed to marginal cost: there is potential infinite flow.

The barrier to growth is embodied in the number of possible connections that can be made, not in the means of production or distribution.

Unlocking the value of data sharing is a cultural imperative not a technology problem.

The challenge to our increasing the value of data is to reduce the friction in connecting it with other data, to produce value for the end-user(s).

This friction is not technology but embodied in our societal rules: laws, regulation, liabilities, risk management, processes and standards.

How might we best instrument this culture change?

Ref: Dgen blog ; Icebreaker One

https://dgen.net || https://icebreakerone.org || Twitter: @agentGav // @icebreakerOne for climate+finance+data

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