Platforms, the Sharing Economy, and Business Model Innovation

Gregory La Blanc
Lecturer, Berkeley-Haas
The rise of Uber, Airbnb and other "platforms" is part of a larger digital transformation of businesses, converting products into services, changing fixed into variable costs, shortening supply chains and development cycles, allowing for more flexibility and customization of products and pricing. All of this is made possible by lower costs of gathering, storing, retrieving, and analyzing data. Although there is much that is new in this transformation, there are many historical similarities with previous industrial revolutions. They all have at their core innovations in the organization of information that lead to more efficient allocation in the production process. This talk will explore the origins and nature of these innovations.

[@danielpolyakov2377]

I hope Gregory read those comments and I wish I can double triple like this video haha. But that was one of clearest and best lecture that I've heard! 3 am now I'm still awake watching 4th lecture in a raw haha!))

[@alinensiah1123]

Are you on LinkedIn?

[@olegc6209]

Great lecture. I agree with every word 100%

[@hamadalhussain1286]

informative and entertaining

[@vivianoosthuizen8990]

Lower cost =lower wages or rather eliminate labour of humans altogether replace them with robots even better is what the ultimate aim is. Only use them as slaves at lowest hourly rate for what their machines can’t do like task rabbits

[@danielpolyakov2377]

You view it wrong way. With the more effective systems the resources will free up to create and achieve more results in different other areas or just because we can spend 3 or 4 times less we can than feed 3 or 4 times more as a society without loosing the life quality for anyone!

[@vivianoosthuizen8990]

@@danielpolyakov2377 Bull dust this ultimate aims nobody cares what you are promoting to be better while they today not eventually have no job or food

[@vivianoosthuizen8990]

@@danielpolyakov2377 anyway why should you be trusted to provide for everyone you are not God

[@vivianoosthuizen8990]

The only thing humans worth should be measured by is time therefore one rate per hour for any work performed. According to anybody’s abilities the lifetime total available hours for labour should not be decided by any accounting tricks but rather by how much is their cost of living per day and that’s the wage rate for all labour performed. The guy that comes from task rabbit to drill your hole for you should be rewarded at the same rate as you receive for talking to a group of people. At least you have a hole to use after his effort.