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Data Isn’t the New Oil

Quote of the week from Jim Balsillie:

Data at the micro-personal level gives technology unprecedented power to influence. Data is not the new oil – it’s the new plutonium. Amazingly powerful, dangerous when it spreads, difficult to clean up and with serious consequences when improperly used. […]

And:

Social media’s toxicity is not a bug – it’s a feature… The online advertisement-driven business model subverts choice and represents a foundational threat to markets, election integrity, and democracy itself

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