Eli5 – How does data work and how do mobile and internet companies create it ? Can they create as much as they want ? Do they control the quota to control prices ?

Question

Eli5 – How does data work and how do mobile and internet companies create it ? Can they create as much as they want ? Do they control the quota to control prices ?

In: Technology

Answer 1

“Data” is immaterial, like writing. Think of it like books, but the cost of printing and storing another one is incredibly tiny.

Internet companies make money from transporting data. Not by creating useful data themselves.