A bumper crop.

How do you get people to pay for something that for an entire generation they’ve gotten for free? “Time to Pay Piper for Digital Music?” Wall Street Journal, November 13, 2012 B1.  Spotify and others try to charge for information (content) while giving it away for free.  Good luck.  Also, “YouTube Readies Paid Music Service,” Wall Street Journal, November 13, 2014 B4.  The headline says it all.  $8/month.  Music, and the rights to play it/hear it are information, aren’t they?

But that’s not today’s story.  That’s “Firms, Farmers in Deal On Handling Crop Data,”Wall Street Journal, November 13, 2014 B8.  The big ag companies (Monsanto, John Deere, DuPont, Dow Chemical) agree that the farmers own the data arising from their farming activities.  The farmers need to approve any use or disclosure of that data by Big Ag.

Next thing you know, Google or Amazon or Twitter  or the NSA will ask you before it sells or leases your data to someone else.  Gotta love it.

 

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Filed under Controls, Definition, Information, Internal controls, Ownership, Security, Third parties, Use, Value

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