Back when I first started my career, I generally disagreed. My first job was at a connected device startup in the IoT space. The whole ethos around data was pretty good. Maybe it was because the tech side of the company I worked for was 99% ex-gov contractors (aerospace, low level routers, submarines...).
We collected such minimal information. Basically only enough to allow for OTAs, functionality, and debugging. Thinking back, we could've collected so much more.
I remember when Alexa hit the market and we (as a company) thought there's NO WAY amazon was making any money on them.
Today... NO WAY. Along the way the value stopped being "This product is priced so we can make a profit" and became "The data we collect is more valuable than the sale".
We collected such minimal information. Basically only enough to allow for OTAs, functionality, and debugging. Thinking back, we could've collected so much more.
I remember when Alexa hit the market and we (as a company) thought there's NO WAY amazon was making any money on them.
Today... NO WAY. Along the way the value stopped being "This product is priced so we can make a profit" and became "The data we collect is more valuable than the sale".