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Saturday, February 27, 2021

Data and its Useful Nature as an Asset

 Recall this echoes some of our own examination of  'data as an asset'.     Thoughtful ideas here but I think it is still useful to consider it as an asset that can be combined with methods and other data to drive further value.   Does not have include exclusive  'ownership' as a element.

From Schneier:

Excellent Brookings paper: “Why data ownership is the wrong approach to protecting privacy.” 

From the introduction:

Treating data like it is property fails to recognize either the value that varieties of personal information serve or the abiding interest that individuals have in their personal information even if they choose to “sell” it. Data is not a commodity. It is information. Any system of information rights­ — whether patents, copyrights, and other intellectual property, or privacy rights — ­presents some tension with strong interest in the free flow of information that is reflected by the First Amendment. Our personal information is in demand precisely because it has value to others and to society across a myriad of uses  ... '

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