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Data has become a factor of production. This occurs when history enters the era of big data, in which technologies such as artificial intelligence, cloud computing and blockchain are used to collect, manipulate, mine and process data. Data is a special product of labor, a sub-derivative of other production factors.

The data factor has a dual attribute: being physical (technical) and social. The social attribute of the data factor can not only materialize the technical attribute but also amplify it. In other words, the data has a multiplication effect on the allocation efficiency of other production factors. The social attribute of the data is brought out via the technical attribute as the medium. From a technical perspective, this medium is strongly adhesive, and after being bonded with other factors of production, it will only lead to a physical reaction and not change the nature of other factors.

However, once these two attributes interact with each other, especially when data is combined with capital, the most adhesive factor in the market economy, a series of new social relations will then be produced based on the technical attribute, resulting in significant adjustments in social relations, involving both positive and negative externalities.

Therefore, to get a scientific understanding of the dual attribute and its interaction effects on the data factor, it is necessary to take the following steps. We should promote institutional design that amplifies the positive externality, with a focus on facilitating public data sharing and improving the value of commercial data development. Also, we need to strengthen institutional arrangements that prevent and control the negative externality by emphasizing data supervision based on data types and levels as well as the rule of law.

The aging and deterioration of engineering building structures present significant risks to both life and property. Fiber Bragg grating (FBG) sensors, acclaimed for their outstanding reusability, compact form factor, lightweight construction, heightened sensitivity, immunity to electromagnetic interference and exceptional precision, are increasingly being adopted for structural health monitoring in engineering buildings. This research paper aims to evaluate the current challenges faced by FBG sensors in the engineering building industry. It also anticipates future advancements and trends in their development within this field.

This study centers on five pivotal sectors within the field of structural engineering: bridges, tunnels, pipelines, highways and housing construction. The research delves into the challenges encountered and synthesizes the prospective advancements in each of these areas.

The exceptional performance of FBG sensors provides an ideal solution for comprehensive monitoring of potential structural damages, deformations and settlements in engineering buildings. However, FBG sensors are challenged by issues such as limited monitoring accuracy, underdeveloped packaging techniques, intricate and time-intensive embedding processes, low survival rates and an indeterminate lifespan.

This introduces an entirely novel perspective. Addressing the current limitations of FBG sensors, this paper envisions their future evolution. FBG sensors are anticipated to advance into sophisticated multi-layer fiber optic sensing networks, each layer encompassing numerous channels. Data integration technologies will consolidate the acquired information, while big data analytics will identify intricate correlations within the datasets. Concurrently, the combination of finite element modeling and neural networks will enable a comprehensive simulation of the adaptability and longevity of FBG sensors in their operational environments.