I had a similar idea a long ago, so I might be rusty here.

The problem is under which ipr do you want data? Even before we figire it out the problem arises when we call data a 'property'. Property comes from tangibles the theoretical framework is built around the traditional notion of property. There is a huge debate around porting the traditional property theory for Ipr. Some say it does not even work. IPR as a field is in question here specially copyright. The therories just does not fit well with the IPR regime.

Data being an IPR would have immediate implications, i tried to argue that the contract we sign for giving our data is void as its under undue influence 🤣, and essentially we are also forgoing our fundamental right with a contract(which should not be possible).

Where would data fit on the current ipr laws? Copyright? Copyright cannot protect things that are not original, is my data original? And copyright law treats originality with a difference than a normal use of the term as US court said there has to be "modicum of creativity". The data i generate eg. Location does not involve any creatively at all. Proving copyright will be hard.

The only way we can put data into IPR is if we develop a new IPr lets say personal data rights. That would leave us to prove that data is a property. Now going with the therories you subscribe it might be a difficult task. Lets take a simple labour theory as an example. Can we say that data is a product of we mixing our labour with things in common? Data is not like a fruit of an apple tree. Well I will not write long look into it more, my thumb hurts now lol.