The Currency of Information: Managing Data as an Asset (Part Three)
This brings us to our third point: Because data only has meaning within a particular context, consumers of data and information need metadata to help them decide how to use it. This is an important difference between data and other assets. You don’t need much metadata when deciding whether to spend a $20 bill, but you do need metadata when trying t... See more
Larry Burns • The Currency of Information: What Kind of Asset Is Data? (Part Two)
Depending on the user profile and specific use case, there may be other drivers of dataset value:
- Provable compliance becomes more valuable as a data asset traverses its maturity curve. In the early days, when the utility of the data is unknown, participants are less inclined to pay for compliance. But as the ecosystem matures, this becomes more of
How to Price a Data Asset
Nicolay Gerold added
Information is economic sunshine. Do you capture it and trade it around or do you let it bounce away?
Steve Hardy • What Specifically Do Generalists Do?
Keely Adler added
The value of information is determined by what’s discarded in the process of creating it.
thekcpgroup.com • The Attention Span. “Racehorses and Psychopaths.”
Daniel Bakalarz added
In a world rapidly accelerating toward automation and measurement, data is a commodity. Filtered, labeled, and processed data is the most valuable asset. Thus, information processing is the most important force of our reality. It’s critical that this power is decentralized.
Kiran Cherukuri • Internet Cities & The Social Uniswap
sari added
Technology for producing and distributing information is useless without some way to locate, filter, organize and summarize it. A new profession of “information managers” will have to combine the skills of computer scientists, librarians, publishers and database experts to help us discover and manage information. These human agents will work with s
... See moreGordon Brander • LLMs and information post-scarcity
sari added
We must understand, evaluate, and account for wholly new, non-monetary forms of ownership, and assets of great value that have extraordinary effect, but no tangible market price or mathematical means of measurement, such as participatory rights, alliances, systemic interdependence, and defined relationships, or else the stories we tell of our insti... See more
Dee Hock • ACCOUNTING IN A CHAORDIC WORLD - Dee W Hock
sari added
as the importance of the information wants increases, so too do the amounts of money, time, and other resources organizations or people are willing to expend to secure accurate information.