Re:Indian government blocks access to forty-three mobile apps
by musingsole on Tuesday November 24, 2020 @11:30AM
(#25199936)
...the manner in which data have been handled by those who harvest it doesn't resonate with the history of the oil industry? If anything, the analogy is even more apt as the powers behind it are just as corrupt.
Re:Indian government blocks access to forty-three mobile apps
by cambalache on Tuesday November 24, 2020 @01:56PM
(#25201660)
> “Data is the new oil” is used by Reliance, an oil company.
So what?, it is used by thousand of companies. Hell, the guy who supposedly come up with it worked for Tesco, so he should have used meat or milk.
> It may be you who isn’t thinking deeply enough.
That's the point, you get the general sense of the idea, maybe chuckle at the marketking-hype speak and move on, you dont try to over-analyze if iron, land or tulips were a marginally better option.
The rest of your comment will be sent to pseud's corner
“Data is the new oil” is used by Reliance, an oil company. It may be you who isn’t thinking deeply enough.
The analogy is bad because oil has a specific geopolitical history. That history was caused, in part, by oil’s nature as an extracted nonperishable commodity. Opining on policy with respect to consumer data, a non-extractive, perishable differentiated good, with reference to oil reserves is misguided. Oil also has a specific national history in India. One that involved the state investing in, protecting and buying through domestic middlemen.
“Data is the new oil” is a different message from e.g. “data is the new gold.” It advocates porting a specific regulatory regime to India’s digital economy. One featuring politically-connected national champions.