The World Economic Forum’s 2021 report Towards a Data Economy examines how data is reshaping economies, businesses, and societies. It emphasizes the growing value of data as a strategic asset, driving innovation, efficiency, and competitiveness, while raising concerns around privacy, ethics, and equitable access. The report highlights the need for trusted frameworks that ensure data sharing, interoperability, and responsible governance across borders and industries. It calls for public-private collaboration to unlock data’s full potential, enabling sustainable growth and inclusive benefits. By treating data as critical infrastructure, societies can foster resilience and create new opportunities globally.

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