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Digital economy
Sharing economy
Automation
Business
Oligopoly
Engineering
Computer science
Economy
Economics
Market economy
World Wide Web
Mechanical engineering
Welfare
Vijay Kumar
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YOU?
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· 2023
· Open Access
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· DOI: https://doi.org/10.1007/978-981-19-8148-7_4
· OA: W4387066982
YOU?
·
· 2023
· Open Access
·
· DOI: https://doi.org/10.1007/978-981-19-8148-7_4
· OA: W4387066982
Digital platforms are the lynchpin of the digital economy. The Network effects create "winner takes all," resulting in oligopolies that we see today in the digital world. The platform economy is littered with successful commercial firms like Uber and Airbnb. Apart from creating lifestyle conveniences, platforms have also created millions of new jobs, alleviating the loss due to automation.
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