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The past few years have seen the rise of what’s been variously referred to as the on-demand, collaborative, sharing, or peer-to-peer economy.
There are some striking similarities shared by Mustafa Suleyman co-founder of DeepMind, and Luis von Ahn, co-founder of Duolingo.
A group I’m part of made a strong claim recently. A number of executives, entrepreneurs, and investors from the high tech industries, along with some economists (who tend to believe that technological progress is the only free lunch around) got together to draft an “open letter on the digital economy”.
Healthcare, education and law are poised to be the next major sectors hit by a digital platform tsunami.
Digital platform strategies are stepping into the limelight and leading mainstream business change.
I am not the first to say this—various IT vendors have made similar pronouncements—but I am confident that we are moving to a new data and technology architecture.
Big data is beneficial, or course, but “the radical innovation is in big experimentation; the unprecedented ability to experiment with social systems at scale,” according to Sinan Aral, who heads the Social Analytics and Large Scale Experimentation research programs at the MIT IDE.