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Andrew McAfee

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“Owners of premium brands can charge more for their offerings, but the owners of two-sided networks want to pay to sellers as little as possible of the money they take in from buyers. The result is an obvious tension. Many platforms, especially when they’re new and trying to build volume and network effects, want to have on board at least one prestigious brand. But as platforms grow, they want to keep more of the consumer’s share of both mind and wallet.”

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Book:Machine, Platform, Crowd: Harnessing Our Digital Future
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“The changes are coming so quickly it's been difficult for workers to retrain themselves and for entrepreneurs to figure out where the next opportunities may be. The catalyst is something called computer learning or artificial intelligence - the ability to feed massive amounts of data into supercomputers and program them to teach themselves and improve their performance.”

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Author:Andrew McAfee
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