Data Cooperative
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Data Cooperative
A data cooperative is a group of individuals voluntarily pooling together their data. As an entity, a data cooperative is a type of data infrastructure, formed through the voluntary and collaborative pooling efforts of individuals. Data cooperatives allow individuals to get paid for the data they create and to exercise more pricing power than they would have on their own or in an- other type of data exchange. Examples include cooperatives of music artists, video producers, and gig workers. The income is not a subsidy, but rather the result of individual economic activity channeled through exchanges that aggregate the data of producers and workers, thereby turning individuals into data entrepreneurs. As a data infrastructure, data cooperatives are created, owned and operated by community members, and this enables the communities, and its members, to have full control over their data, and the decisions that are made by the insights gathered from the data. By giving individual communit ...
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Data
Data ( , ) are a collection of discrete or continuous values that convey information, describing the quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpreted formally. A datum is an individual value in a collection of data. Data are usually organized into structures such as tables that provide additional context and meaning, and may themselves be used as data in larger structures. Data may be used as variables in a computational process. Data may represent abstract ideas or concrete measurements. Data are commonly used in scientific research, economics, and virtually every other form of human organizational activity. Examples of data sets include price indices (such as the consumer price index), unemployment rates, literacy rates, and census data. In this context, data represent the raw facts and figures from which useful information can be extracted. Data are collected using technique ...
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