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PLATCAP
March 3, 2025
So, what do people mean by "platforms" these days?
One of the better clues is to start with "platform capitalism":
https://en.wikipedia.org/wiki/Platform_capitalism
"Platform capitalism is an economic and
business model in which digital platforms
play a central role in facilitating
interactions, transactions, and services
between different user groups, typically
consumers and producers."
"Key characteristics of platform capitalism include:"
The article then lists some key characteristics:
o Network effects
o Data driven marketing
o 'Asset-Light' business models
o Disruption of traditional industries
o Algorithmic Governance
o Regulatory challenges
o Global Reach and scalability
The've got an impressive list of platforms,
all neatly categorized:
Amazon, Alibaba, eBay
Facebook, Twitter, Instagram, X
Uber, Lyft
Airbnb
Expedia, Booking.com, Kayak
YouTube, TikTok
Google Search, Microsoft Bing
Google Maps, Apple Maps, Petal Maps
Google Play, App Store
Netflix, Disney+, Apple TV+, Amazon Prime Video
Spotify, Apple Music, Deezer
PayPal
Just Eat, DoorDash, Deliveroo
GoFundMe, Patreon
Upwork, Fiverr
Kindle, Apple Books
Indeed, Monster.com, Glassdoor
Tinder, Bumble, OkCupid
OnlyFans
I wonder about the sheer *range* of sub-categories,
and the fact that each space has a few competitors
in it... I'm not at all a fan of these "platforms",
but a typical fan of market capitalism could use
this list to claim it's working fine.
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