Facebook global affairs V-P says India must push free flow of information
Countering Reliance Industries Chairman Mukesh Ambani, Facebook Inc on Thursday said data was not the new oil, and countries like India should allow its free flow across borders instead of attempting to hoard it as a finite commodity within national boundaries.
“Data isn’t oil — a finite commodity to be owned and traded, pumped from the ground and burned in cars and factories…a better liquid to liken it to is water, with the global internet like a great borderless ocean of currents and tides. The value of data comes not from hoarding it or trading it like a finite commodity, but from allowing it to flow freely and encouraging the innovation that comes from that free flow of data — the algorithms and the services and the intelligence that can be built on top of it,” said Facebook Vice-President of Global Affairs and Communications Nicholas Clegg, who is also a former deputy prime minister of Britain.
He said the internet was built on this principle of cross-border data flow and India should work with its “natural allies” to encourage the free flow of information. “To contain the data — to fix it geographically and to restrict its flow to national borders — would be to turn this great ocean of innovation (internet) into a still lake. The global internet is built on this principle of cross-border data flows — just as the global economy relies on capital, human resources, and technological innovation to cross-borders in order to flourish,” said Clegg on Thursday.
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