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The age of information: What makes your data so valuable?

The age of information: What makes your data so valuable?

Are you aware of your “data value”? In the case of a data leak in the IT systems of multinational companies, it is often reported that the damage amounts to billions. Data has even become one of the most valuable resources in the world. However, a calculator that allows users to determine the overall value of their data leaves a completely different impression: the “price” for the information provided by users is always less than one dollar. But how is this possible and is it even possible to specifically calculate the value of this “resource”?