Data is the New Oil

Data has supplanted oil as the fuel for creating big business value

Will Murphy
Towards Data Science
4 min readMay 7, 2017

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Photo by Markus Spiske on Unsplash

When I give talks on data strategy and AI strategy, I talk about data being the new oil. And, data being the fuel (oil) that is fueling the AI machine. I also talk about how to value data, since it is perhaps the most valuable modern business asset, yet is not yet accurately accounted for.

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