Will Ford Motor (F) Make Money from Self-Driving Cars?
Thus Ford is entering the data business which can be lucrative. For example, Ford can sell the data it collects through the Cloud to other car companies, car-rental companies, or Uber.
Harvesting data is a great idea for Ford because The Economist describes data as the world’s most valuable commodity. In fact, The Economist claims data “the oil of the digital era.” Thus, data is now worth more than black gold.
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