idiom
data is the new oil
DAY-tah iz the NOO OYL
ˈdeɪtə ɪz ðə njuː ɔɪlListen
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Syllable breakdown
dataisthenewoil
Dictionary meaning
a widely used metaphor suggesting that data has become the most valuable resource of the digital economy, as oil was for the industrial economy; coined by Clive Humby in 2006 and popularised at the 2017 World Economic Forum
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