April 19, 2021 | Report
The platform model is disrupting traditional economic theories based on organizations, firms, and markets. The internet, algorithms, online ratings, and artificial intelligence provide instant access to all kinds of information with minimal effort, offering new opportunities for firms to bind users to their platform, set up partnerships, and engage in constant innovation across multiple sectors of the economy. The success of platforms across diverse industries shows the enormous disruptive power of this new way of operating a business.