European Data Protection Digest

Opinion: Data Is “New Oil,” But What To Do With It?


January 27, 2012

In an op-ed for CNN, Andrew Keen writes about this week's Digital Life Design conference and the messages shared by its keynotes, European Commission Vice President Viviane Reding and Facebook Chief Operating Officer Sheryl Sandberg. "Reding and Sandberg were in agreement about one thing: personal data is the new oil, the vital fuel of our digital economy," he writes, adding that outside of that point, "their priorities and agendas represent the bookends of an increasingly fractious debate" over calls for better data protection regulations versus what Sandberg described as the need for "a regulatory environment that promotes innovation and economic growth."
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