Google’s $10 million purchase of corporate data from bankrupt Spirit Airlines demonstrates how companies’ internal data is becoming an independent digital asset, increasingly sought after for AI development and financing.
Kazakhstan’s Digital Code, which establishes the legal foundation for the data market, has come into force. The new regulations enable companies to transform corporate data into commercial products, assess their value and bring them to specialised platforms.
China is developing an official market for medical data, transforming anonymised clinical datasets into commercial data products to advance healthcare and artificial intelligence.
Personal data is becoming a new digital asset. How is the direct data monetisation market taking shape, how much can individuals earn from their data, and what is the development potential of this model in Kazakhstan?
How has data evolved from a record-keeping tool into an independent economic resource? Four stages of transformation, the impact of artificial intelligence and new models of data monetisation.