Tag Archives: artificial intelligence

November 2016 in Review

Sometimes you look back on a month and feel like nothing very important happened. But November 2016 was obviously not one of those months! I am not going to make any attempt to be apolitical here. I was once a registered independent and still do not consider myself a strong partisan. However, I like to think of myself as being on the side of facts, logic, problem solving, morality and basic goodness. Besides, this blog is about the future of our human civilization and human race. I can’t pretend our chances didn’t just take a turn for the worse.

3 most frightening stories

  • Is there really any doubt what the most frightening story of November 2016 was? The United Nations Environment Program says we are on a track for 3 degrees C over pre-industrial temperatures, not the “less than 2” almost all serious people (a category that excludes 46% of U.S. voters, apparently) agree is needed. This story was released before the U.S. elected an immoral science denier as its leader. One theory is that our culture has lost all ability to separate fact from fiction. Perhaps states could take on more of a leadership role if the federal government is going to be immoral? Washington State voters considered a carbon tax that could have been a model for other states, and voted it down, in part because environmental groups didn’t like that it was revenue neutral. Adding insult to injury, WWF released its 2016 Living Planet Report, which along with more fun climate change info includes fun facts like 58% of all wild animals have disappeared. There is a 70-99% chance of a U.S. Southwest “mega-drought” lasting 35 years or longer this century. But don’t worry, this is only “if emissions of greenhouse gases remain unchecked”. Oh, and climate change is going to begin to strain the food supply worldwide, which is already strained by population, demand growth, and water resources depletion even without it.
  • Technological unemployment may be starting to take hold, and might be an underlying reason behind some of the resentment directed at mainstream politicians. If you want a really clear and concise explanation of this issue, you could ask a smart person like, say, Barack Obama.
  • According to left wing sources like Forbes, an explosion of debt-financed spending on conventional and nuclear weapons is an expected consequence of the election. Please, Mr. Trump, prove them wrong!

3 most hopeful stories

3 most interesting stories

self-driving cars

Here’s an interesting TED talk on self-driving cars. They are going to save a lot of lives.  I think arguments against them like this one on NPR are ignorant at best and immoral at worst. If you can save a million lives a year and you choose not to do it, you are instantly one of history’s mass murderers. Even if there is some bizarre special case someone can cite where a computer might kill someone and a person might not, that’s going to be extremely rare.

Citi and Oxford on automation

Citi and Oxford have a long report called Technology at Work v2.0: The Future Is not What It Used to Be. Among the worrisome statistics and over-the-top infographics: 77% of jobs in China at risk due to automation, compared to 47% in the U.S. 77% seems like a recipe for serious unrest. 47% is still half. Still, maybe these are existing jobs and there will be new jobs created. Like robot repairman, for example. Being the guy who owns the robots seems like a very good option, if you can pull it off. Another eye opening statistic they show is the payback period for investments in robots at 1-2 years in China right now.

January 2016 in Review

I’m going to try picking the three most frightening posts, three most hopeful posts, and three most interesting posts (that are not particularly frightening or hopeful) from January.

3 most frightening posts

  • Paul Ehrlich is still worried about population. 82% of scientists agree.
  • Thomas Picketty (paraphrased by J. Bradford Delong) says inequality and slow growth are the norm for a capitalist society. Joseph Stiglitz has some politically difficult solutions: “Far-reaching redistribution of income would help, as would deep reform of our financial system – not just to prevent it from imposing harm on the rest of us, but also to get banks and other financial institutions to do what they are supposed to do: match long-term savings to long-term investment needs.”
  • Meanwhile, government for and by big business means the “Deep State” is really in control of the U.S. In our big cities, the enormous and enormously dysfunctional police-court-prison system holds sway over the poor.

3 most hopeful posts

3 most interesting posts

  • There are some arguments in favor of genetically modified food – they have increased yields of some grains, and there is promise they could increase fish yields. 88% of scientists responding to a Pew survey said they think genetically modified food is safe, but only 37% of the U.S. public thinks so. In other biotech news, Obama’s State of the Union announced a new initiative to try to cure cancer. In other food news, red meat is out.
  • Not only is cash becoming obsolete, any physical form of payment at all may become obsolete.
  • The World Economic Forum focused on technology: “The possibilities of billions of people connected by mobile devices, with unprecedented processing power, storage capacity, and access to knowledge, are unlimited. And these possibilities will be multiplied by emerging technology breakthroughs in fields such as artificial intelligence, robotics, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing.”

 

Strong AI

Here’s an article about “Strong AI“:

This is how computers interact with us. They don’t understand English or whatever language we speak, but they do understand binary code. A human programmer tells the computer how to respond to you based on your input. The same thing goes for chess. The computer does not at all understand that it’s playing chess or any other game – it doesn’t even know what a game is. It only knows that, if you make a move in chess, that equates to some machine code to which it should respond. It then references its giant chess book – put there by humans and written in machine code – to decide how to respond to you.

Over the years, these tomes have become enormous. Using the chess example again, it would take many years for a human to sift through one of these tomes, but a computer can do it in seconds. As a result, you now have computers that simulate the total sum of human knowledge with regards to chess and yet they don’t understand a lick of it. What they cando, however, is obey the instructions put there by a human to beat you, handily…

Once we have the technology to make an ambulatory, perceptive robot using pre-written instructions (i.e. the ‘tome’), the challenge will then be to ‘birth’ one that has no pre-written instructions and no prior knowledge of the world, forcing it to learn like a human child. This sort of self-learning robot is an example of what Searle calls ‘Strong AI[10]’.

2015 Luddite Awards

The Information Technology and Innovation Foundation has awarded the 2015 Luddite awards, Congratulations to the following winners:

  1. Alarmists tout an artificial intelligence apocalypse.
  2. Advocates seek a ban on “killer robots.”
  3. States limit automatic license plate readers.
  4. Europe, China, and others choose taxi drivers over car-sharing passengers.
  5. The paper industry opposes e-labeling.
  6. California’s governor vetoes RFID in driver’s licenses.
  7. Wyoming outlaws citizen science.
  8. The Federal Communications Commission limits broadband innovation.
  9. The Center for Food Safety fights genetically improved food.
  10. Ohio and others ban red light cameras.

In #1 and #2, they argue that any risks from artificial intelligence are so far off that we shouldn’t worry about them now, and that the spillover effects from military AI research will be beneficial overall. In #8, they come out against net neutrality (at least, the recent U.S. legislation with that name). And in #9, they make some claims in favor of genetically modified food organisms that I hadn’t heard before:

Biotechnology is playing an increasing role delivering innovations in agriculture that the world desperately needs to meet rising demands for food, feed, and fiber, as the world’s population continues to grow. The most comprehensive meta-analysis to date shows biotech innovations in crop improvement have increased agricultural yields on average by 22 percent, reduced pesticide use by 37 percent, and increased farmer income by 68 percent. Improvements in animal husbandry have lagged, however, despite numerous needs and opportunities. That changed this year when the U.S. Food and Drug Administration (FDA) approved the sale of fast-growing AquAdvantage bioengineered salmon. In their ongoing attempt to ban all genetically improved foods, an organization called Center for Food Safety announced plans to sue the FDA to block the approval.

The salmon represents a real innovation that will improve people’s health while reducing the price of food. It has been improved to reach market size in half the usual time (16-18 months, rather than the usual 32-36) on 20 percent less feed, meaning that for the first time salmon could be a low-cost substitute for meat in American diets. The salmon is intended to be grown in concrete tanks in warehouses close to major markets, like Chicago. The fish are sterile, so they cannot breed with wild salmon in the unlikely event they escape from their concrete tanks and get to an open ocean. They also have been designed to eliminate the potential downsides sometimes associated with conventionally farmed Atlantic salmon, which have been observed to escape from their sea pens and carry parasites or diseases into wild populations.

The FDA took more than a decade to review data on the salmon to ensure it would be safe for humans to eat. At the end of an exhaustive review process that examined thousands of pages of data and scientific literature, the FDA concluded the AquAdvantage salmon is, in all respects relevant to health, safety, and nutrition, indistinguishable from any other Atlantic salmon. Thus it is safe for consumers to eat and requires no special labels. These findings elicited an entirely predictable response from the neo-Luddite enemies of innovation.

I am not necessarily against all bioengineering of food, but I am concerned about biodiversity generally and the resilience of our food-growing system. Even if genetically modified (or hybridized or plain old inbred) organisms are deemed safe for consumption, you don’t want your entire food supply to come from a very narrow gene pool or to be controlled by a very narrow range of interests. With any new technology, you can pursue it while actively taking steps to mitigate the risks, and constantly asking yourself the hard questions about the ethics – identifying that line between right and wrong and choosing not to cross it.

2015 Year in Review

I’m going to try picking the most frightening, most hopeful, and most interesting post from each month. If the most interesting is also the most frightening or most hopeful, I’ll pick the next most interesting. Then I’ll have 12 nominees in each category and I’ll try to pick the most frightening, hopeful, and interesting posts of the year.

JANUARY

Most frightening: Johan Rockstrom and company have updated their 2009 planetary boundaries work. The news is not getting any better. 4 of the 9 boundaries are not in the “safe operating space”: climate change, loss of biosphere integrity, land-system change, altered biogeochemical cycles (phosphorus and nitrogen).

Most hopeful: It is starting to seem politically possible for the U.S. to strengthen regulation of risk-taking by huge financial firms.

Most interesting: Taxi medallions have been called the “best investment in America”, but now ride-sharing services may destroy them.

FEBRUARY

Most frightening: There are some depressing new books out there about all the bad things that could happen to the world, from nuclear terrorism to pandemics. Also a “financial black hole”, a “major breakdown of the Internet”, “the underpopulation bomb”, the “death of death”, and more!

Most hopeful: A new study suggests a sudden, catastrophic climate tipping point may not be too likely.

Most interesting: Government fragmentation explains at least part of suburban sprawl and urban decline in U.S. states, with Pennsylvania among the worst.

MARCH

Most frightening: The drought in California and the U.S. Southwest is the worst ever, including one that wiped out an earlier civilization in the same spot. At least it is being taken seriously and some policies are being put in place. Meanwhile Sao Paulo, Brazil is emerging as a cautionary tale of what happens when the political and professional leadership in a major urban area fail to take drought seriously. Some people are predicting that water shortages could spark serious social unrest in developing countries.

Most hopeful: If we want to design ecosystems or just do some wildlife-friendly gardening, there is plenty of information on plants, butterflies, and pollinators out there. There is also an emerging literature on spatial habitat fragmentation and how it can be purposely designed and controlled for maximum benefit.

Most interesting (I just couldn’t choose between these):

  • Innovation in synthetic drugs is quickly outpacing the ability of regulatory agencies to adapt. (I struggled whether to put this in the negative or positive column. Drugs certainly cause suffering and social problems. But that is true of legal tobacco and alcohol, and prescription drugs, as well as illegal drugs. The policy frameworks countries have used to deal with illegal drugs in the past half century or so, most conspicuously the U.S. “war” on drugs, have led to more harm than good, and it is a good thing that governments are starting to acknowledge this and consider new policies for the changing times.)
  • Germ-line engineering is much further along than anyone imagined.” This means basically editing the DNA of egg and sperm cells at will. I put this in the positive column because it can mean huge health advances. Obviously there are risks and ethical concerns too.

APRIL

Most frightening: A group of well-known economists is concerned that the entire world has entered a period of persistently low economic growth, or “secular stagnation“.

Most hopeful: Donald Shoup, author of The High Cost of Free Parking, is retiring. That might sound bad, but his ground-breaking ideas are continuing on and actually seem to be going mainstream.

Most interesting:

  • Biotechnology may soon bring us the tools to seriously monkey with photosynthesis. (This is one of those stories where I struggle between the positive and negative columns, but clearly there is a potential upside when we will have so many mouths to feed.)
  • Peter Thiel thinks we can live forever. (positive, but do see my earlier comment about mouths to feed…)

MAY

Most frightening: We’ve hit 400 ppm carbon dioxide in the atmosphere, not just some places sometimes but pretty much everywhere, all the time.

Most hopeful: The rhetoric on renewable energy is really changing as it starts to seriously challenge fossil fuels on economic grounds. Following the Fukushima disaster, when all Japan’s nuclear reactors were shut down, the gap was made up largely with liquid natural gas and with almost no disruption of consumer service. But renewables also grew explosively. Some are suggesting Saudi Arabia is supporting lower oil prices in part to stay competitive with renewables. Wind and solar capacity are growing quickly in many parts of the world.Lester Brown says the tide has turned and renewables are now unstoppable.

Most interesting: Human chemical use to combat diseases, bugs, and weeds is causing the diseases, bugs and weeds to evolve fast.

JUNE

Most frightening: One estimate says that climate change may reduce global economic growth by 3% in 2050 and 7-8% by 2100. Climate change may also double the frequency of El Nino. The DICE model is available to look at climate-economy linkages. Dennis Meadows and Jorgen Randers describe what a coming long, slow decline might look like. Rising temperatures in the Arctic are drying things out, leading to more fires, which burns more carbon, which raises temperatures, in an accelerating feedback loop.

Most hopeful: Stock values of U.S. coal companies have collapsed.

Most interesting: According to Paul Romer, academic economics has lost its way and is bogged down in “mathiness”.

JULY

Most frightening: James Hansen is warning of much faster and greater sea level rise than current mainstream expectations.

Most hopeful: Edible Forest Gardens is a great two book set that lays out an agenda for productive and low-input ecological garden design in eastern North America. You can turn your lawn into a food forest today.

Most interesting:

AUGUST

Most frightening: Steven Hawking is worried about an artificial intelligence arms race starting “within years, not decades”.

Most hopeful: It may be possible to capture atmospheric carbon and turn it into high-strength, valuable carbon fiber. This sounds like a potential game-changer to me, because if carbon fiber were cheap it could be substituted for a lot of heavy, toxic and energy-intensive materials we use now, and open up possibilities for entirely new types of structures and vehicles.

Most interesting:

  • gene drive” technology helps make sure that genetically engineered traits are passed along to offspring.
  • Technology marches on – quantum computing is in early emergence, the “internet of things” is arriving at the “peak of inflated expectations”, big data is crashing into the “trough of disillusionment”, virtual reality is beginning its assent to the “plateau of productivity”, and speech recognition is arriving on the plateau. And super-intelligent rodents may be on the way.
  • Robotics may be on the verge of a Cambrian explosion, which will almost certainly be bad for some types of jobs, but will also bring us things like cars that avoid pedestrians and computer chips powered by sweat. I for one am excited to be alive at this moment in history.

SEPTEMBER

Most frightening: Climate may be playing a role in the current refugee crisis, and the future may hold much more of this.

Most hopeful: The right mix of variety and repetition might be the key to learning.

Most interesting: Edward Tufte does not like Infographics.

OCTOBER

Most frightening: Corrupt Russian officials appear to be selling nuclear materials in Moldova.

Most hopeful: Elephants seem to have very low rates of cancer. Maybe we could learn their secrets.

Most interesting: Stephen Hawking is worried about inequality and technological unemployment.

NOVEMBER

Most frightening: I noticed that Robert Costanza in 2014 issued an update to his seminal 1997 paper on ecosystem services. He now estimates their value at $125 trillion per year, compared to a world economy of $77 trillion per year. Each year we are using up about $4-20 trillion in value more than the Earth is able to replenish. The correct conclusion here is that we can’t live without ecosystem services any time soon with our current level of knowledge and wealth, and yet we are depleting the natural capital that produces them. We were all lucky enough to inherit an enormous trust fund of natural capital at birth, and we are spending it down like the spoiled trust fund babies we are. We are living it up, and we measure our wealth based on that lifestyle, but we don’t have a bank statement so we don’t actually know when that nest egg is going to run out.

Most hopeful: There are plenty of ways to store intermittent solar and wind power so they can provide a constant, reliable electricity source.

Most interesting: Asimov’s yeast vats are finally here. This is good because it allows us to produce food without photosynthesis, but bad because it allows us to produce food without photosynthesis.

DECEMBER

Most frightening: Cyberattacks or superflares could destroy the U.S. electric grid.

Most hopeful: We had the Paris agreement. It is possible to be cynical about this agreement but it is the best agreement we have had so far.

Most interesting: I mused about whether it is really possible the U.S. could go down a fascist path. I reviewed Robert Paxton’s five stages of fascism. I am a little worried, but some knowledgeable people say not to worry. After reading Alice Goffman’s book On the Runthough, one could conclude that a certain segment of our population is living in a fascist police state right now. There is some fairly strong evidence that financial crises have tended to favor the rise of the right wing in Europe.

DISCUSSION

Well, one thing that certainly jumps out on the technology front is biotechnology. We have a couple articles about the possibility of drastic increases in the human lifespan, and what that would mean. “Germ-line engineering”, “gene drive”, and “CRISPR” are all ways of monkeying with DNA directly, even in ways that get passed along to offspring. To produce more food, we may be able to monkey with the fundamentals of photosynthesis, and if that doesn’t work we can use genetically engineered yeast to bypass photosythesis entirely.

At the risk of copyright infringement, I am reproducing the “Gartner hype cycle” below, which was mentioned in one of the posts from August.

Gartner Hype Cycle

Gartner Hype Cycle

Government and corporate labs have been making huge advances in biotechnology in the last decade or so, so it is well beyond the “innovation trigger”. It has not yet reached the “peak of inflated expectations” where it would explode onto the commercial and media scene with a lot of fanfare. I expect that will happen. We will probably see a biotech boom, a biotech bubble, and a biotech bust similar to what we saw with the computers and the internet. And then it will quietly pervade every aspect of our daily lives similar to computers and the internet, and our children will shrug and assume it has always been that way.

Obviously there are dangers. A generation of people that refuse to die on time would be one. Bioterrorism is obviously one. Then there is the more subtle matter that as we raise the limit on the size our population and consumption level can attain, the footprint of our civilization will just grow to meet the new limit. When and how we come up against these limits, and what to do about it, is the subject of the updates to two seminal papers on these issues, by Rockstrom and Costanza. We have entered an “unsafe operating space” (Rockstrom), where we are depleting much more natural capital each year than the planet can replenish (Costanza), and there will be consequences. The Paris agreement is one hopeful sign that our civilization might be able to deal with these problems, but even if we deal with the carbon emission problem, it might be too late to prevent the worst consequences, and there are going to be “layers of limits” as the authors of Limits to Growth put it all those decades ago. If we take care of the global warming problem and figure out a way to grow food for 50 billion people, eventually we will grow to 50 billion people and have to think of something else.

So without further ado:

Most frightening: I can’t pick just one. In the relatively near term, it’s the stalling out of the world economy; the convergence of climate change, drought, and the challenge of feeding so many people; and the ongoing risks from nuclear and biological weapons.

Most hopeful: I see some hope on energy and land use issues. The Paris agreement, combined with renewable energy and energy storage breakthroughs, the potential for much more efficient use of space in cities rather than letting cars take up most of the space, are all hopeful. The possibility of making carbon fiber out of carbon emissions is a particularly intriguing one. At my personal scale, I am excited to do some sustainable gardening of native species that can feed both people and wildlife. I don’t expect my tiny garden to make a major difference in the world, but if we all had sustainable gardens, they were all connected, and we weren’t wasting so much space on roads and parking, it could start adding up to a much more sustainable land use pattern.

Most interesting: I’ve already mentioned a lot of stuff, so I will just pick something I haven’t already mentioned in the discussion above: the rise of synthetic drugs. It’s just an interesting article and makes you think about what it will mean to have advanced chemical, information, and biological technologies in the hands of the little guy, actually many, many little guys. It is a brave, new, dangerous, exciting world indeed. Happy new year!

December 2015 in Review

Now it’s time to review December 2015, before we get on to reviewing 2015 as a whole.

Negative stories (-10):

  • Some car dealers are deliberately talking customers out of buying electric cars that they want, because the car dealer will make less money on oil changes. (-1)
  • Breaking news: we can’t believe everything we hear on the internet. Some of it is deliberate government and corporate propaganda, and some is “online filter bubbles” or marketing algorithms telling each of us only what we want to hear. Data used by all these algorithms is becoming more and more valuable. (-1)
  • Cyberattacks or superflares could destroy the U.S. electric grid. (-1)
  • Guns cause gut-wrenching, accidental deaths of children quite frequently in the U.S. The U.S. has a rate of violent assault 5-10 times higher than our close Anglo-American cousins, which in turn have higher rates than most of Europe and developed Asia. (-1)
  • I mused about whether it is really possible the U.S. could go down a fascist path. I reviewed Robert Paxton’s five stages of fascism. I am a little worried, but some knowledgeable people say not to worry. After reading Alice Goffman’s book On the Run though, one could conclude that a certain segment of our population is living in a fascist police state right now. There is some fairly strong evidence that financial crises have tended to favor the rise of the right wing in Europe. (-2)
  • After more than a decade of drought, there may not be enough water to sustain both Lake Powell and Lake Mead in the U.S. desert southwest. Some are suggesting draining Lake Powell. (-1)
  • This year’s “super El Nino” might have happened with or without climate change, but climate change made it more likely. I have to admit though I enjoyed sitting on my front porch in shorts on Christmas here in Philadelphia. (-1)
  • Jeffrey Sachs makes a pretty good case that the rise of violent religious fanaticism in the Middle East is largely the CIA’s fault. (-2)

Positive stories (+13):

    • Las Vegas is planning to go all renewable by 2017, mostly centralized solar. (+1)
    • Children have a natural aptitude for learning to recognize patterns. Now all we have to do is figure out which patterns we should be teaching them to recognize. (+1)
    • Some U.S. Presidential candidates want to invest in infrastructure, which is good. A national infrastructure plan might also be good. (+1)
    • Ericcson released some technology predictions for 2016 and beyond: Artificial intelligence will start to assist us without the need for smartphone screens. Virtual reality will start to come into its own for tech support, sports, dating, and shopping. And we will start to see more sensors embedded in our homes and eventually our bodies. (+1)
    • Trends in Ecology and Evolution made some technology predictions too: “managed bees as transporters of biological control agents, artificial superintelligence, electric pulse trawling, testosterone in the aquatic environment, building artificial oceanic islands, and the incorporation of ecological civilization principles into government policies in China”. (+1)
    • A serious but treatable infection can destroy a tumor. (+1)
    • Self-driving cars could drastically reduce the amount of land required for parking in cities. There are some moves toward car-free central cities around the world. (+3)
    • We had the Paris agreement. It is possible to be cynical about this agreement but it is the best agreement we have had so far. (+2)
    • New York City recently finished planting a million trees. (+2)

So we end the year on a positive note!

November 2015 in Review

What did I learn in November? Let’s start with the bad and then go to the good.

Negative stories (-10):

  • The World Economic Forum’s 2015 Global Risks Report came out. Some of the top risks are interstate conflict, water crisis, failure of climate change adaptation, unemployment and underemployment. Hmm, that “interstate conflict” items might be what we used to call “war”. And I think there might be one underway right now in the Middle East, which Jimmy Carter says we are getting all wrong. And it just might be caused by the other items on the list. And speaking of war, there is a new book on the Vietnam War aimed at the middle grades, but it seems pretty harsh for that age to me. (-2)
  • I noticed that Robert Costanza in 2014 issued an update to his seminal 1997 paper on ecosystem services. He now estimates their value at $125 trillion per year, compared to a world economy of $77 trillion per year. Each year we are using up about $4-20 trillion in value more than the Earth is able to replenish. The correct conclusion here is that we can’t live without ecosystem services any time soon with our current level of knowledge and wealth, and yet we are depleting the natural capital that produces them. We were all lucky enough to inherit an enormous trust fund of natural capital at birth, and we are spending it down like the spoiled trust fund babies we are. We are living it up, and we measure our wealth based on that lifestyle, but we don’t have a bank statement so we don’t actually know when that nest egg is going to run out. (-3)
  • This crop of presidential candidates is easy for comedians to make fun of. I enjoy it but think it may be a contrary indicator for the health of the country. (-1)
  • Bicycle helmets are not making U.S. bicycle riders any safer. This is why we need streets designed on the European model to be safe for driving, bicycling, and walking. It’s 100% known technology and there can be no excuses! (-2)
  • In current events, we had the awful, shocking terrorist attacks in Paris. I suggested that the long-term answer to violence caused by angry young men anywhere is to understand why they are angry, address their legitimate grievances, and give them productive work to do. Short term, we also have to detect and disrupt any plots involving nuclear or biological weapons, of course, because we can’t afford even one. (-2)

Positive stories (+9):

how do you value data?

This article lists six ways a company or organization can try to value its data:

  1. Intrinsic value of information. The model quantifies data quality by breaking it into characteristics such as accuracy, accessibility and completeness.
  2. Business value of information. This model measures data characteristics in relation to one or more business processes. Accuracy and completeness, for example, are evaluated, as is timeliness…
  3. Performance value of information…measures the data’s impact on one or more key performance indicators (KPIs) over time
  4. Cost value of information. This model measures the cost of “acquiring or replacing lost information.”
  5. Economic value of information. This model measures how an information asset contributes to the revenue of an organization.
  6. Market value of information. This model measures revenue generated by“selling, renting or bartering” corporate data

Another article says that algorithms are becoming less valuable as data becomes more valuable.

Google is not risking much by putting its algorithms out there.

That’s because the real secret sauce that differentiates Google from everybody else in the world isn’t the algorithms—it’s the data, and in particular, the training data needed to get the algorithms performing at a high level.

“A company’s intellectual property and its competitive advantages are moving from their proprietary technology and algorithms to their proprietary data,” Biewald says. “As data becomes a more and more critical asset and algorithms less and less important, expect lots of companies to open source more and more of their algorithms.”