When I teach about platforms, Google is right up there in the examples. The search/advertising two-sided market is possibly the most successful in history (rivalling Windows). While it has had its challenges, Google's approach to advertising -- opening it up with tools for the long-tail of merchants as well as the long-tail of content providers …
The Rise of Content Platforms
The volume of information available freely to consumers is mind-boggling. But even factoring in ease of access — no more sifting through card catalogs or microfiche in dark libraries — attention remains scarce. The task of sorting the useless to find the useful is a critical challenge. Search was supposed to solve this problem and …
Crowd-sourcing design
The notion of tapping into crowds as a means of improving creative activity has become, dare I say it, "all the rage." Reviews of restaurants are crowd-sourced by Yelp, Zagat and others. The Wikipedia model crowd-sources knowledge collation. There is Kickstarter, that crowd-sources, well, crowd approval and with it funding for new products. There are various attempts …
Dampening iPhone upgrade expectations
Product life cycles are a tricky business. Car models often have a five year lifespan. Computers have a couple of years. But somewhere along the way, the world decided that iPhones should have a yearly cycle. Today, Apple announced the iPhone 4S. It's an upgraded iPhone 4 and labelled as such. During the announcement Apple's …
Online science and the speed of review
Steve Landsburg alerted me to an amazing set of interactions in Mathematics this week. A very distinguished Princeton professor, Ed Nelson, announced what may have been the most profound mathematical result of the century (right up there with Godel's Theorem last century): that the Peano axioms in mathematics were inconsistent. Nelson announced his finding on …
Network Neutrality and Bank of America's charges
There has been much discussion over the last few days about Bank of America's decision to charge consumers for debit card transactions. It's an odd fee in that you pay $5 for the first transaction each month and then the rest of the month is free. While this is related to the Durbin reforms that …
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Upside down business models for the Kindle
Matt Yglesias has a way of identifying great questions quickly. Responding to Erik's widely discussed post on the low Kindle price yesterday, he writes: That said, this seems arguably upside down as a business model. The marginal cost of distributing a digital copy of a book, song, TV show, or movie is $0. A company with …
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Amazon's pricing play that leverages the cloud
Amazon.com have a tremendous set of assets. They have millions of customer accounts. They have a ton of existing relationships with publishers and content providers. Behind the scenes they are one of the leading cloud computing service providers servicing start-ups and established firms alike (including Netflix). And they have a market leading product -- the …
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Kindle-ing Competition
We don’t think of the Kindle Fire as a tablet. We think of it as a service. – Jeff Bezos The analysts predicted that Amazon would introduce its new Kindle Fire tablet today with an aggressive low price of $250 to $300, in line with low margin competitors like Samsung. They were wrong. Amazon priced …
Should Google go back to Only Organic?
If you have a couple hours to burn on some political theater, go and watch the Senate hearings about Google. Here is a link. Actually, as someone who foresaw the inevitability of this event, I was rather disappointed. This hearing was pretty anti-climactic. To have found this interesting you had to be a serious junkie …
Digitopoly 