China is far ahead on drilling for ‘the new oil’ – Financial Times
Since it was first proposed in 2006, the contention that “data is the new oil” has gradually charmed its way into mainstream discourse as a neat and comprehensible explanation of something messy and incomprehensible.
The equivalence, however stretched, is alluring. The idea that the modern world has conferred stupendous commercial value on data feels validated by daily experience: spookily…