In much the same way that natural resources like minerals and oil were mined in earlier decades, everyone’s data is being mined. And as businesses get more competitive, what is to stop an airline from being as benign as it is now? But I’m willing to punt, in all seriousness, a decade from now, if not earlier—most of us will be Uber-ed. In case of the algorithms, higher the investments, the better data it will capture and the longer way it will go. Because at the end of the day, any algorithm is only as good as the quality of data on hand.

Source: Mint July 01, 2017 17:48 UTC