Page 3 - We Trade Data News Today

On this theme that it is coming through here which is the tension between data if its available to all the population and the personalization options you want better service they know what you need the company can provide with ai techniques a better and more adaptive product line and service experience and the other hand privacy rights so do you opt in to people opt you in and the like because it has huge implications for not only your day to day life but also just democracy itself right you kno...

To drive these idea then i feel like it will be a very. good thing to look at so we agree we have. ok we have got minutes left and i just want to ask my panelists to all of you just tell me what you think the future is for africa when it comes to data and what we can do to kind of the power that will start with you alex and the work of a facility for me as i said beginning i think theres 2 parts of the brain that you have to keep in balance one is the opportunity side i think its early days in t...

Context and shocked the way will save the manufacturing hubs across the us from africa its silver youre also doing something similar and have to analytics and theres an interesting article you wrote about how data is already helping us fight climate change in africa correct so id have to analytics what we are focusing on we worked with a wonderful government and most particularly the agricultural ministry in harnessing the data in collaboration we said late imageries to ensure that they have the...

Deep bottleneck for africa that allows more cross border trade clear rules on data authenticating customers and suppliers and transactions and the like so theres a little bit of on this topic i think theres 2 parts of my brain optimism and theres also why theres a lot of things that need to change in order to take advantage of the summit. applications ok so let me stay with you youre saying we need a little bit of skepticism when it comes to the issue of data at the moment are we applying that b...

Time somebody uses my music i get residual value out of it what can we do it for data ok well come to that idea in just a short 2nd but everyone seems to be talking about infrastructure france do you feel that the south african government is supporting you in the sector or are you by yourself. its its from a data infrastructure component its quite interesting especially kind of coming out of an african context in the sense that all of a bit of processing is actually offshore we dont have the nec...

Thats right im going to collect just the set of data that is required to answer that question and im going to store it in that data warehouse without any context all of the people that are potentially enrolled on muncher its products right and thats how ive designed wont take infrastructure i havent designed it to law say other enterprises or even within my own and tries to consider hall i can use the state to to create further value it just looked at it from my reporting perspective and its alm...

Because they can tax the transaction so it creates a equitable platform and it benefits the owners of the data not just the platform companies and it also allows for startups to come in and harness the power of data and that can create a huge wave of innovation and employment opportunities for young people i have to say i really like that idea but youre talking about never ridging privacy for data to be used you know in a bigger context right or perhaps even curing cancer but sylvia i have to as...

Particularly around 2016 with very little data we have demonstrated that we can crack the consulate is some of the most difficult challenges we face today from increasing our grid culture yields reducing energy consumption improve improving congestion and maybe accelerate to cure for cancer and data is the source for a lot of these potential developments so in our view in my view there is the oil its probably the oxygen or the 4th industrial revolution and theres a huge potential as you say in a...