What is missing? A mention of data standards. All that data isn’t going to help anyone if it is in a jumble of different formats, no matter how ‘machine readable’ it is.
But the key point is there – open data builds a strong economy. The President chooses to use the example of GPS and weather data (thank you, space program!!!) but he could as easily chosen the EDGAR program strengthening the US capital market via transparency for investors that leads to accurate pricing of investments.
Bravo, Mr. President!
Now lets roll up our sleeves and make it happen.