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Google Offered $10M for a Dying Airline's Data. How Can You Value Yours?
https://towardsdatascience.com/google-offered-10m-for-a-dying-airlines-data-how-can-you-value-yours/(towardsdatascience.com)The increasing value of operational data is highlighted by a fictional case where Google bid $10 million for a bankrupt airline's emails and messages. This unstructured data is now highly sought after for training advanced AI models, particularly for reinforcement learning in complex decision-making environments. Organizations can value their own operational data using three primary methods: the income approach, the cost approach, and the market approach. The income approach estimates future revenue or cost savings, the cost approach uses storage or insurance costs as a proxy, and the market approach compares it to similar data sales, though all methods face challenges related to privacy and ownership.
0 points•by hdt•58 minutes ago