Data is the new oil. The biggest myth that got busted big time today as our data becomes a product. The digital sector is not naive. They think that we are naive and stupid, and those valley alpha males who code are smart and they can demolish institutions and norms. The political class at Capitol Hill got back at Palo Alto. We are not stupid was the message at the Zuckerberg hearing.

Zuckerberg did not do his homework. Money can’t buy you Leadership when grilled by an esteemed panel of senators.