Data can be seen by some as a form of currency. This view is something that is talked about in this podcast and how it will shape the economy. Having data be used as currency will change businesses and their strategies such as creating apps to collect data. As well as change consumer behavior and regulatory frameworks. They shed light on ownership of the data as well as privacy and monetization. All things that must be considered as people start to see the importance of data and use it to their advantage especially if it is viewed by many as a currency. If this is true and more people start to view it this way, things like data transactions must be governed and navigate risks and try to get ahead of those who may try to abuse data.
