The Data Boom Is Here - It's Just Not Evenly Distributed

The uneven distribution of data in the digital age and its impact on innovation is discussed. It highlights how leading digital platforms, such as Google, Amazon, Facebook, Apple, and Microsoft, have a significant advantage in collecting data compared to startups and smaller competitors. This lack o...

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Veröffentlicht in:MIT Sloan management review 2022-04, Vol.63 (3), p.7-9
Hauptverfasser: Mayer-SchöNberger, Viktor, Ramge, Thomas
Format: Artikel
Sprache:eng
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Zusammenfassung:The uneven distribution of data in the digital age and its impact on innovation is discussed. It highlights how leading digital platforms, such as Google, Amazon, Facebook, Apple, and Microsoft, have a significant advantage in collecting data compared to startups and smaller competitors. This lack of access to data hinders the ability of innovators to develop and implement new ideas. The text emphasizes the importance of policies that level the playing field and provide equal access to data for all players in order to foster innovation.
ISSN:1532-9194