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Oil and Data: An Economic Interplay
This chapter explores the pivotal role of oil in modern transportation and manufacturing while addressing the challenges of finding alternatives to oil-derived products. It highlights the evolution of the oil market, the impact of oil prices on economies, and draws parallels between oil and data as vital resources in today's information-centric economy. The chapter also delves into privacy concerns surrounding data collection and the implications of big tech's access to personal data, suggesting a need for new guidelines as data becomes increasingly integral to business and society.
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