Putting it in capitalism transforming data with intelligence best office gift ideas

The phrase is mostly used loosely in marketing by the IT industry and by aspiring politicians who want to sound knowledgeable about the digital economy. It has also attracted some criticism. Office layout ideas for small office in january 2018, the world economic forum provided a list of ways in which data and oil are dissimilar, suggesting that the only thing they have in common is that they both can generate value. Major differences included the fact that oil is (very) finite but data is not; oil is scarce, data is anything but; oil is a single-use resource, but data can be reused and shared at little additional cost.

Why, then, do I reuse what is possibly a somewhat jaded analogy? I return to it because nick srnicek, a lecturer in digital economy at king’s college, london, has offered another interesting parallel between data and oil in his 2016 book platform capitalism.


He argues that just as oil was the primary new raw material that capitalism appropriated in the 20th century, data fulfils that role today. Modern office design ideas how such appropriation is happening for data and, indeed, why it differs from how oil and earlier novel raw materials such as cotton and steel were appropriated are central ideas for understanding how business in the 21st century works.

Platforms increasingly exhibit typical monopoly behaviors, including aggressive acquisition of competitors and startups. Small work office space ideas of particular concern is their segmentation and privatization of swathes of today’s shared, common internet through pricing, security, and technical means. The results are seen, for example, in the demise of net neutrality, the growth of national firewalls, and in the concentration of multiple services under fewer brands. Home office guest room design ideas this direction is known as enclosure of the internet, harking back to the enclosure of the commons in mediaeval europe and by the robber barons of 19th century america, when the lands of the poor or indigenous people were widely expropriated. The result today, as in the past, is an extreme concentration of wealth in the hands of a small and privileged few.

Despite the society-wide scope of this potential future driven by platform capitalism, it is worth noting that its foundations are all firmly in the hands of IT within business and government. Lawyer office interior design ideas data, the fundamental raw material, is gathered or created, managed, and given meaning only through the efforts of IT. Similarly, the vital engines of these platforms — analytics and eventually artificial intelligence — can only operate through the systems and tools provided by IT. Only IT has the knowledge and power necessary to build and operate these platforms.

It is, therefore, incumbent on the IT profession to step outside the data center and contribute in a deeper and more systemic manner to defining the underlying business drivers of these platforms and embedding checks and balances against the most extreme tendencies in their design. Google employees have already shown courage in campaigning against the company’s participation in an AI project for the U.S. Work office decorating ideas pictures department of defense as well as its plans to re-enter the tightly controlled chinese internet space.

Although some IT traditionalists may decry such actions as political or partisan, they reflect the reality of IT’s central role today. As IT has moved from a back-office support function for internal data to a key role as the data and analytics engine of business development and success, IT professionals are best positioned to understand the impact of their actions.

Similar firm stands on privacy concerns and ethical issues will be required, not just by concerned individual employees but by businesses in the IT industry. Apple CEO, tim cook’s recent call for federal legislation to prevent widespread weaponizing of personally identifiable information (PII) shows leadership, although apple’s business model, which has a much lesser dependence on advertising — and thus collection of PII — than its competitors, makes it easier to take such a position.

To suggest — as is often done — that such considerations are beyond our training or skills is disingenuous. The designs and uses of digital platforms are so novel and all-encompassing as to be beyond the experience of almost everybody involved. At least we in IT have the experience of years of data management to evaluate the implications of the extensive use and reuse of data and analytics at the core of these platforms.