In the more advanced consumer goods and services economies, the personal data of billions of people is the most precious of all digital fuels. An entire industry is emerging around the concept that data is the most precious asset in any enterprise, in any industry. Economists are working to determine how to value personal data. Its immense value is reflected in the soaring stock values and astronomical cash flows and profits of companies that monopolize and leverage data. Personal data is a uniquely magical economic asset.

01, 2020 (GLOBE NEWSWIRE) — Artificial intelligence, primarily in the form of machine learning, has made great strides over the past decade. In order …

NEW YORK, NY--(Marketwired - January 09, 2018) - Artificial intelligence is the big buzzword now. Academic studies trumpet that A.I. will replace humans in the workplace at unprecedented rates, while seemingly every start-up and legacy brand touts A.I. to describe its business, hoping to make what it does sound compelling and unique. Artificial intelligence, however, is not quite as intelligent as it has been claimed to be. A.I. will dramatically improve the lives of humans, if implemented ethically, but reports in the Wall Street Journal, the New York Times, and other reputable media have documented that A.I. can be biased, sexist, racist, inexplicable, wrong, and, just plain stupid. Neural networks are as "intelligent" as the historical data and human-imposed-rules upon which they train.