Based on the current trend in data accumulation and usage of data, it looks like the day is not far when
1) There will be state and central ministers for data like we have ministers for coal, petroleum etc.
2) Companies will be taxed based on the amount of data accumulated. And companies will add data in the assets column in the balance sheet.
3) Rich kid or poor kid is determined by the amount of high quality data the kid inherits from parents.
4) Self-reflection is done with consciously captured own data.
Posted in Linkedin 5 months ago