• Data in non-rivalrous resource
• Data poor to data rich in 3 years
• Need strategic view to use data
• Issues -
  • Data colonization - data being ruled by someone else
  • Privacy
  • Winner takes all
• Invert the data - putting the creator of data in centre of his/her own data, data to empower the user.
• Privacy - Ensure your data is not being abused by policy and technology.
• Data based lending
• Data based skill rating and payments
• Ensuring data democracy
  • Legal right of public over public data
  • Require standard protocols and Formats for release of data (Giving back data by bank, telecom, healthcare, etc.)
  • Liberate private data via policy - Getting my own data back

A good blog post on why do you need to understand backpropagation links to videos from CS231n by karpathy.