With the digital phenomenon restructuring most social sectors, it is little surprise that global trade negotiations are now eyeing the digital area in an attempt to pre-emptively colonise it. Big Data is freely collected or mined from developing countries, and converted into digital intelligence in developed countries. This intelligence begins to control different sectors and extract monopoly rents. A large foreign company providing cab service, for instance, is not a network of cars and drivers; it is digital intelligence about commuting; public transport, roads, traffic, city events, personal behavioural characteristics of commuters and drivers and so on.

Which one of the following is the most logical and rational corollary to the above passage?

Question

With the digital phenomenon restructuring most social sectors, it is little surprise that global trade negotiations are now eyeing the digital area in an attempt to pre-emptively colonise it. Big Data is freely collected or mined from developing countries, and converted into digital intelligence in developed countries. This intelligence begins to control different sectors and extract monopoly rents. A large foreign company providing cab service, for instance, is not a network of cars and drivers; it is digital intelligence about commuting; public transport, roads, traffic, city events, personal behavioural characteristics of commuters and drivers and so on.

Which one of the following is the most logical and rational corollary to the above passage?

Accepted Answer

India should be careful to protect its digital sovereignty in global trade talks.

Answer

Globalization is not in the interests of India as it undermines its socio-economic structures.

Answer

India should charge monopoly rents from multinational companies in exchange for Big Data.

Answer

The loss of Big Data from India is proportional to the degree/value of its foreign trade.

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