YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?
YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?
AI training and data mining. The value of data has surpassed the value of oil long ago. The world’s most valuable resource is no longer oil.
Oil companies have assets and cash in the trillions it’s not even funny. Even openAI who has the most state of the art AI systems on the planet right now is worth at best a billion, and is getting heavily subsidized by Microsoft. AI companies will probably get larger in the future, but the modern world depends on oil for literally everything including the making and the shipments of parts used to run AI shit. You seem to be grossly overestimating how much data is worth and grossly underestimating the power and money oil cartels wield.
There’s a reason big tech companies are worth hundreds of billions of dollars yet most of their users have not paid a dime. So yes, data is valuable.
Data is very valuable. Google shows advertisements like they’re listening to people’s conversations, except they aren’t. Their data profiles and predictions are so good they know what you want to buy before you even know you want to buy it.
Search the Cambridge Analytica scandal… I am not grossly over estimating anything.