Sublime
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Platform workers often face substantial lock-in, driven by network effects and lack of data portability. Platforms intermediate transactions, and as a result, they gather market data and often control customer relationships. This type of capital cannot be easily ported over to other platforms or worker-owned properties, which means that platform la... See more
Scott Kominers • A Labor Movement for the Platform Economy
What the Network Economy Changes
- Transparency in two forms: Money Transparency, Ranking Transparency
- Power laws now create even more unequal money outcomes.
James Currier • Status, Wealth, & Power: Network Effects Demand A New Social Contract
As demonstrated throughout history — from the French Revolution to the growth of Wikipedia — the power of the distributed many can sometimes greatly outperform the power of the hierarchical few.
Scott Kominers • A Labor Movement for the Platform Economy
The more asset-as-a-service scales, the larger the ecosystem using Amazon’s logistics infrastructure and the greater the data capture for Amazon to constantly improve its prediction models
Sangeet Paul Choudary • Amazon is a logistics beast - A detailed teardown
They discovered, after Google and Amazon, a third way of organizing the web. Google organized it by pages, Amazon by products, and Facebook by people.
David Auerbach • Bitwise: A Life in Code
Delivery platforms, in general, control the delivery price and payout policies, with no control for the delivery agent.
Sangeet Paul Choudary • The economics of food delivery platforms
In Lanier’s telling, this digital landscape shifted once the success of Google’s ad program revealed that you could make a lot of money on user-generated creative output, which led to the rise of social-media companies such as Facebook, Instagram, and Twitter. Initially, these companies emphasized their simple, elegant-looking interfaces and their ... See more
Cal Newport • The Rise of the Internet’s Creative Middle Class
The power law means that differences between companies will dwarf the differences in roles inside companies.
Peter Thiel, Blake Masters • Zero to One
Despite their diversity most real networks share an essential feature: growth.