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Big Data is a Form of Wealth for Some
Markus Spiske
According to OZY, big data is becoming a new form of wealth for some countries.
At the G-20 summit last June, when Japanese Prime Minister Shinzo Abe introduced a resolution endorsing the free flow of data across borders, India, South Africa and Indonesia refused to sign it. India’s then foreign secretary Vijay Gokhale described data as a “new form of wealth” to explain the country’s reluctance to part with it.
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