Reading about data being the new oil and the next gold rush being a data gold rush, one thing stood out for me:
It will be interesting to see who becomes the Levi Strauss of this particular mining rush. Strauss became rich not from mining operations but by selling clothing and equipment to miners…I wonder how much that history will repeat itself in this rush to mine data. It remains to be seen who benefits or ultimately profits from all the data mining that will happen.Innovate on Purpose: There’s gold in the data…
Sometimes we are all so busy looking in the same places, flocking for the same opportunities, creating competition and settling for less in the end that we neglect the real opportunites, the underserved ones. Be mindful.