What is the value of data? Who benefits from data? Can you construct a decent predictive model to manage risk if you have lousy data? Some enterprising souls have tried to sell their data back to the tech giants that collect and use big datasets. There are even some small companies such as CitizenMe and Datum that pay a user for taking a quiz or sending location data. “Data are far from becoming a standardized commodity whose value can readily be established through trades,” writes Diane Coyle, professor at University of Cambridge, in a report she tabled February 26, 2020, […]