https://www.scmp.com/rss/501887/feed Xu Chenggang is professor of economics at Cheung Kong Graduate School of Business. He is considered one of China’s top economists and received the China Economics Prize in 2016 for contributions in understanding government and enterprise incentive mechanisms for the transition economy of China en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Property rights have been crucial to society since time immemorial, but as technology evolves, rights too are changing, presenting new challenges. We are in the throes of the fourth industrial revolution, driven by advances in, and the proliferation of, artificial intelligence (AI) and big data. The importance of big data in the new economy is like that of oil in the old one. But associated with the unprecedented efficiency and convenience of the new economy, one of the biggest challenges we are... https://www.scmp.com/comment/opinion/article/3024228/key-question-new-economy-who-owns-data?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3024228/key-question-new-economy-who-owns-data?utm_source=rss_feed Sat, 24 Aug 2019 15:08:01 +0000