The phrase “data- the fuel of the 21st century” has often been bandied about and has become a catchy slogan for the dawn of the digital revolution. A huge amount of data is being generated, collected, and processed every second with every single click. But what is the data even worth? Who is paying for such data and who receives remuneration? Or has data even become a “currency” for services perceived to be “free of charge”?
In her Duet Interview with Dr Andreas Zechmann, a specialist in corporate finance, Dr Caldarola, author of Big Data and Law, discusses the valuation of data and its current and future market price.
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