Economics of data (Part 2: Market approach to valuing data) Phuah Eng Chye (1 August 2020) Data has always toiled quietly in the background and its contribution to economic development taken for granted. Hence, it was not recognised as a distinct factor of production and much of the credit of economic value creation was attributed … “Economics of data (Part 2: Market approach to valuing data)”
Month: July 2020
Economics of data: (Part 1 What is data?)
Economics of data: (Part 1 What is data?) Phuah Eng Chye (18 July 2020) As some put it, personal data will be the new “oil” – a valuable resource of the 21st century. It will emerge as a new asset class touching all aspects of society. At its core, personal data represents a post-industrial opportunity. … “Economics of data: (Part 1 What is data?)”
Government of the Data (Part 3: The future of government platforms)
Government of the Data (Part 3: The future of government platforms) Phuah Eng Chye (4 July 2020) Electronic interactions among citizens and governments – for administration (such as submitting applications, tax returns, paying bills, voting) or for surveillance and policing – is becoming the norm. While the risks on the erosion of individual privacy are … “Government of the Data (Part 3: The future of government platforms)”