Trust, trade and the new data diplomacy
Briefly

Trust, trade and the new data diplomacy
"Data has become the defining currency of global power. The nations and organizations that can manage, protect, and share it responsibly will shape the future of economic resilience and international cooperation. In an era where artificial intelligence and digital interdependence connect every market and mission, the ability to build and maintain trust in data is now a central pillar of both commerce and diplomacy."
"Diplomacy in the Age of Data For much of modern history, global influence was defined by control over physical resources like oil, minerals, and manufacturing. Today, digital assets have joined that list, shaping economies and redefining geopolitical strategy. Data enables prosperity, but it also introduces risk. It fuels AI models, drives innovation, and connects global supply chains, yet its misuse can destabilize markets, compromise privacy, or inflame international tensions."
Data functions as a strategic economic and geopolitical asset that drives AI, innovation, and interconnected markets while introducing systemic risks to privacy, markets, and security. Data diplomacy emerges as alliances formed around shared data ethics and trust, shaping relations between countries and corporations. Data movement, storage, and protection now carry strategic weight comparable to traditional trade negotiations. Cross-border data flows underpin trade, defense cooperation, and technological progress and contributed an estimated $2.8 trillion to global GDP in 2023. Governments increasingly impose sovereignty-driven controls on data, creating tension between open flows and national control that affects competitiveness and cooperation.
Read at Nextgov.com
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