Data is useful for many reasons. You use it to keep your life organized and it enables you to make use of much more information to control and direct your life than you could be able to without the data in the first place. This makes you more productive and you are able to accomplish more in your lifetime than your ancestors. With data directing your life, your universe is opened up and connections made which make your life more intuitive and you become a more responsible version of yourself. For instance, your schedules and online life becomes more organized and for anything that you set your mind to accomplishing, nothing is able to get in your way.
A lot of the modern life takes place through the use of information. All your life aspirations are possible in the form of data and the good thing about it is that the data never really gets lost. In computers, data exists in a binary form which is simply zeros and ones. These control the flow of electrons which process the information and control many states within a processor. This information does not get lost and even when you format a drive or storage device completely, the 0s and 1a are simply rewritten to hide the previous information. In recovering the information, the bits are rearranged to represent the information that was on the drive prior to the formatting.
As such, data is never really lost. It does not go way but simply gets written over. The information that was in existence from the very early days of the drive is still in existence but simply jumbled up to allow for the new information to write itself over the current information. For instance, the old floppy disks used to format themselves by changing everything to 0s or 1s which was a format that could enable the rewriting of new information on the same disks.
Data recovery services are possible and make use of this technique to recover the information that was on your drive. The bits are never really lost and with a careful rearrangement of the bits, your information can be recovered. The data recovery makes use of the fact that the information is never really lost to revert the drive to the state that it was in prior to the formatting. If you had formatted the drives by accidents, you can have the information recovered by taking the drives or computer to experts.
Data recovery experts will ensure that your information is not lost and you are able to recover your useful information when the drives have been formatted. For damaged drives, the data is still recoverable but will take a significantly longer time as the information is restructured to the form it was in before. Restoration takes a lot more processing but in the end, you get the information you needed to recover.
So, in essence, data is never really lost and you can always recover it when you have formatted your drive.