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Data Science For Dummies, 3rd Edition
book

Data Science For Dummies, 3rd Edition

by Lillian Pierson
September 2021
Beginner to intermediate
432 pages
11h 39m
English
For Dummies
Content preview from Data Science For Dummies, 3rd Edition

Chapter 14

Monetizing Data and Data Science Expertise

IN THIS CHAPTER

check Selling data services

check Monetizing your data science products

check Making money from data itself

check Doubling down on data privacy

“Data is the new oil.” Clive Humby, a British mathematician and data science entrepreneur, said that all the way back in 2006! What did he know that most didn’t? Well, he clearly must have seen the explosive potential for revenue generation that is available via the right combination of data resources, data expertise, and business-building know-how. I discuss Clive later in this chapter, but first I want to acquaint you with the various alternatives when it comes to monetizing data services, data products, and data partnerships. At the end of this chapter, I want to have a serious talk with you about AI ethics and their paramount importance in the survival of the planet, our businesses and societies, and the future of humanity. Make sure not to skip that part!

Setting the Tone for Data Monetization

Data monetization — the direct or indirect sale of data resources, technologies, or skill sets — isn’t ...

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ISBN: 9781119811558Purchase Link