With the digital phenomenon restructuring most social sectors, it is little surprise that global trade negotiations are now eyeing the digital area in an attempt to pre-emptively colonise it. Big Data is freely collected or mined from developing countries, and converted into digital intelligence in developed countries. This intelligence begins to control different sectors and extract monopoly rents. A large foreign company providing cab service, for instance, is not a network of cars and drivers; it is digital intelligence about commuting; public transport, roads, traffic, city events, personal behavioural characteristics of commuters and drivers and so on.

Which of the following is most definitively implied by the above passage?

Question

With the digital phenomenon restructuring most social sectors, it is little surprise that global trade negotiations are now eyeing the digital area in an attempt to pre-emptively colonise it. Big Data is freely collected or mined from developing countries, and converted into digital intelligence in developed countries. This intelligence begins to control different sectors and extract monopoly rents. A large foreign company providing cab service, for instance, is not a network of cars and drivers; it is digital intelligence about commuting; public transport, roads, traffic, city events, personal behavioural characteristics of commuters and drivers and so on.

Which of the following is most definitively implied by the above passage?

Accepted Answer

Big Data is the key resource in the digital space.

Answer

Big economies create Big Data.

Answer

Access to Big Data is the prerogative of developed countries.

Answer

Access to and possession of Big Data is a characteristic of developed countries.

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