Time for a 'data tax' on Google, Facebook and Amazon?

Jeff Bezos has become the world's richest man, with a fortune of about US$125 billion (S$165 billion), because the Amazon founder was among the first to understand the new rules of data capitalism.

The reason why he grasped those rules quicker than most is because he wrote most of them himself. His letters to the company's shareholders, published every year since Amazon went public in 1997, are the best explanation for how to thrive in the digital economy.

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A version of this article appeared in the print edition of The Straits Times on April 09, 2018, with the headline 'Time for a 'data tax' on Google,Facebook and Amazon?'. Print Edition | Subscribe