variation on @timoreilly: hyperdata is the new intel outside
By bblfish on Nov 30, 2008
Context: Tim O'Reilly said "Data is the new Intel Inside".
Recently in a post "Why I love Twitter":
What's different, of course, is that Twitter isn't just a protocol. It's also a database. And that's the old secret of Web 2.0, Data is the Intel Inside. That means that they can let go of controlling the interface. The more other people build on Twitter, the better their position becomes.
Applications are increasingly data-driven. Therefore: For competitive advantage, seek to own a unique, hard-to-recreate source of data.
Most of the data is outside your database. It can only be that way, the world is huge, and you are just one small link in the human chain. Linking that data is knowledge and value creation. Hyperdata is the foundation of Web 3.0.