Platform Innovation // Blog

Platform Innovation™ Weekly Round Up – May 30

Here’s what we’ve been reading this week.

1. 20,000 Jobs Created on the Uber Platform Every Month
A great example of how platforms are having a positive impact on the economy. Uber’s blog reveals that the median income of UberX drivers in NYC is $90,766 and claims that Uber’s platform creates 20,000 jobs every month. Check out the post for more info on how Uber provides benefits to both producers and consumers.

2. Platform Economics Will Rule the Internet of Things
The MIT Technology Review interviews economist Marshall Van Alstyne on platforms and the Internet of things. Van Alstyne notes that half the top companies in the world are platform businesses. “There is a strong argument that platforms beat products every time,” he says.

3. Messaging 2.0 Is Now Over
With the news that Korea’s KakaoTalk is merging with Daum Communications, Techcrunch declares that the “second messaging revolution” is coming to a close. The article gives a great overview of how messaging platforms have evolved and what we can expect for “Messaging 3.0”.

4. A Scaling Framework for Network Effect Platforms
Platform expert Sangeet Paul Choudary offers a high-level framework for how to scale platforms. “A platform’s goal is to scale the quantity and the quality of interactions that it enables,” he says, and it does this by scaling curation, consumption and curation.

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