A standards body for AI-based data coding
Data is information converted to bits. To know what the bits mean, however, we must know the format, i.e., how information is represented or coded in bits. Data with an unknown format has little value and with a known format has a value that is inversely proportional to the effort required to convert it to an understandable format. Therefore, to be “the New Oil of the Digital Economy”, data should have a standard format. The way international bodies are organised…