Data are the raw material of the next economic paradigm. Data, information, knowledge, innovation, and wisdom are all related; but it all starts with data. In order to produce anything valuable in the domain of social capitalism, the creation and formation of data is hypercritical. The better the data, the better the information, knowledge, innovation, wisdom and culture that will follow. Each stage of transformation along the chain reaction from “data” to “culture” is an opportunity for both great value creation AND astonishing corruption.
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