C12 Datafication

What is considered the world's most valuable resource in the digital era?

• Gold

• Water

• Data

• Oil

Which of the following companies is NOT listed as one of the five most valuable firms in the world?

• Tesla

• Apple

• Amazon

• Alphabet

Which company captures half of all dollars spent online in America?

• Amazon

• Facebook

• Google

• Microsoft

What is the main concern regarding the dominance of tech giants in the data economy?

• High consumer prices

• Potential monopoly power

• Data privacy issues

• Lack of innovation

What has made data more abundant, ubiquitous, and valuable in the digital era?

• Smartphones and the internet

• Print media

• Television and radio

• Billboards and posters

Which industry giants are now selling themselves as data firms?

• Clothing retailers

• Technology companies

• Food and beverage companies

• Automobile manufacturers

What do technology giants benefit from in terms of network effects?

• Data storage

• Data sharing

• Data encryption

• User growth

What can vast pools of data act as according to the text?

• Data backups

• Data breaches

• Data leaks

• Market barriers

What do the giants' surveillance systems allow them to do?

• Track activities in their markets

• Control the stock market

• Monitor competitors

• Predict the weather

What is the main challenge in rebooting antitrust for the information age?

• Data sharing improves efficiency

• Data sharing enhances security

• Data sharing threatens privacy

• Data sharing boosts innovation