Mark Mills writes that Apple is the new Exxon, and data is the new oil. Although I don’t it’s an apt analogy, he did write an interesting paragraph:
Even though we’re still in early days of digitalization of physical domains, data traffic associated with manufacturing, medicine and consumer “things” is already rivaling traffic associated with multimedia (TV, sports, movies, YouTube, etc.).
It’s something to think about. If technologies like 3D printing, robotics, and others become more ubiquitous, we could be living in a future where data fuels the economy, instead of physical goods.
Check It Out: Data Could Someday Fuel Most of the Economy