Is your data really oil?

[with Ajay Agrawal and Avi Goldfarb, originally published in HBR Online under the title¬†"Is your company's data actually valuable in the AI era?"¬†, 17 Jan 2018. Their book, Prediction Machines, is coming out in April 2018]. AI is coming. That is what we heard throughout 2017 and will likely continue to hear throughout this year. …

Two key assumptions in the DOJ challenge to AT&T and Time Warner

AT&T and Time Warner want to merge. They don't really operate in the same market -- AT&T is a distributor (specifically through wireless and Direct TV) while Time Warner has content -- notably HBO, CNN and its Warner movie releases. The DOJ have a straightforward vertical merger concern: that the new entity will use its …