With the digital phenomenon restructuring most social sectors

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 work of cars and drivers, it is digital intelligence about commuting, public transport, roads, traffic, city events, personal behavioural characteristics of commuters and driver and so on.

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

  1. Globalization is not in the interests of India as it undermines its socio-economic structures.
  2. India should be careful to protect its digital sovereignty in global trade talks.
  3. India should charge monopoly rents from multinational companies in exchange for Big Data.
  4. The loss of Big Data from India is proportional to the degree/value of its foreign trade.

2. Which of the following is most definitively implied by the above passage?

  1. Big Data is the key resource in the digital space.
  2. Big economies create Big Data.
  3. Access to Big Data is the prerogative of developed countries.
  4. Access to and possession of Big Data is a characteristic of developed countries.

Answer

  1. B
  2. A