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[CDPS] G2 - (PR) Chapter12 - Tomorrow: The future of platform revolution …

- - - - Retailing
        
        Buyers
        
        Inventory managers
      - Publishing
        
        Editors
    - - Market aggregation through a platform
        
        Increases efficiency and reduces search costs for business
    - - New entrants have created ecosystems
        
        Create and disrupt content and software quickly and easily
      - The more crucial information is as a value source, the closer the industry is to being transformed by platforms
    - - Health insurance
      - Home mortgages
  - - - Banking, health care, education, and etc.
      - Regulation favors incumbents and work against the interests of startups trying to unlock new sources of value
    - - Gas, oil, and etc.
- - - - Even greater stratification of wealth power, prestige among service providers
      - Routine and standardized tasks will move to online platforms
      - Become more and more freelancers
  - - - Huge fixed cost (car,airplane...)
        
        Market barrier let them own competitive advantage
      - complicate process
    - - Low cost
      - Using high efficient algorithms
        
        Example
        
        Munchery: food delivery
        
        GoJek : driving service
- - - - Security
      - Network
      - Connected services
      - Product as a service
      - Payments
      - Retrofits
      - Translation
      - Vertical Applications
  - - - social & economic disruption-winners & losers
- - - - By doing better prediction of defaults and fraud than traditional banks through the big data they collect
- - - - :check:Universal City Services Access Card
        :check:Cooperate with Yelp