Facebook’s Nicholas Clegg counters Mukesh Ambani, says data isn’t oil
Facebook’s Nicholas Clegg counters Mukesh Ambani, says data isn’t oil Facebook global affairs V-P says India must push free flow of information Current Affairs :- Countering Reliance Industries Chairman Mukesh Ambani, Facebook Inc on Thursday said information was not the new oil, and nations like India ought to permit its free stream crosswise over outskirts as opposed to endeavoring to accumulate it as a limited product inside national limits. “Information isn’t oil — a limited product to be possessed and exchanged, siphoned from the beginning consumed in vehicles and factories…a better fluid to compare it to is water, with the worldwide web like an incredible borderless sea of flows and tides. The estimation of information comes not from accumulating it or exchanging it like a limited ware, yet from enabling it to stream uninhibitedly and empowering the development that originates from that free progression of information — the calculations and the administrations ...