Mark Zuckerberg is sorry. Facebook’s Cambridge Analytica scandal revealed tech’s biggest challenge: trust. Trust is known as a cornerstone of the Nordic welfare state. The levels of trust towards each other, politicians and government are higher in the Nordic countries than anywhere else.
An emergence of the digital platform economy is driving fundamental changes in our societies. The way people come together, communicate, and create value is changing. Thesis: In the foreseeable future, all of our interactions with strangers will be facilitated by global digital platforms: from trade to meetings to sex to services and peer-help. Most successful digital platforms can reach near monopoly in months, allowing us to do the things we could not do before, yet granting very little power to their users or the societies they operate in. Are we […]
1. There is nothing new about platforms An emergence of digital platform economy is driving fundamental changes in our societies. But there is nothing new about platforms. Platform refers to a product, technology or organization that enable direct interactions between two (or more) distinct actors. For example most General Motors cars were already years ago built on a shared product platform. So, no matter if you bought an Opel or a Cadillac, the underlying structure of the car was actually similar. It makes sense, of course, to standardise production like […]
1. Platforms are a new, unforeseen and strong user of power Platforms that aggregate people’s needs, physical assets and labour. Companies such as Amazon, Etsy, Facebook, Google, Salesforce, and Uber are creating online structures that enable a wide range of human activities. This opens the way for radical changes in how we work, socialize, create value in the economy, and compete for the resulting profits. In future, all of our interactions with strangers will be facilitated by global digital platforms: from trade to meetings to services and peer-help. There are […]