asterisk2a + franchising   2

Networks and the Nature of the Firm — The WTF Economy — Medium
“publish, then filter” - Clay Shirky. >> It is fundamentally an open-ended network in which filtering and curation (otherwise known as “management”) happens largely after the fact. [ Twitter lacks a management/curation feature, has to overcome its once cheered differentiator of no curating nor using algorithms to make sense of the noise one subscribed to. ] [...] [ Replacing knowledgeable workers, sales person, support staff, with software. ] One way to think about the new generation of on-demand companies, such as Uber, Lyft, and Airbnb, is that they are networked platforms for physical world services, which are bringing fragmented industries into the 21st century in the same way that ecommerce has transformed retail. [...] This fragmented industry [Taxi] provides work not just for drivers but for managers, dispatchers, maintenance workers, and bookkeepers.
Clay  Shirky  Marketplace  efficiencies  plurality  Platform  user  generated  content  Open  Platform  noise  pollution  Signal  vs.  noise  curation  curator  content  curation  Newsfeed  algorithm  Google  Search  Page  Rank  Twitter  Software  Is  Eating  The  World  on-demand  convenience  Service  Sector  Jobs  commodity  business  commoditization  Amazon  Google  Uber  AirBnB  Lyft  e-commerce  YouTube  fragmented  Silicon  Valley  franchising  model  franchise 
august 2015 by asterisk2a
Franchise redux: The professionalization of the sharing economy has deep implications | PandoDaily
But for all Airbnb and Uber’s much deserved “disruptive” acclaim, these businesses have older roots than the hype cycle suggests. According to conventional wisdom, Airbnb and Uber enable “regular individuals” to make a few extra bucks renting out an extra bedroom or giving fellow travelers a ride. They unlock a new class of assets, where fellow consumers share in collaborative consumption. In fact, while these businesses nailed rapidly changing consumer preferences  –  buying services at time of usage, rather than owning assets fits the post-recession, Millennial sensibility of the moment –  the supply side of their businesses does not match the narrative. Supply in these marketplaces is increasingly delivered by entrepreneurial, small business owners, not fellow consumers. Uber and Airbnb are best understood as reimagined franchise operations that leverage mobile data, the social graph, and continuous feedback loops to deliver a better consumer experience.
Airbnb  Millennials  GFC  post-recession  2014  Consumerism  consumerist  zombie  consumer  sharing  is  caring  sharing  economy  marketplace  marketplace  efficiencies  marketplace  inefficiencies  Technology  convenience  disrupting  markets  disruption  franchise  business  Platform  Open  Platform  franchising  redux  service  delivery  mobile  first  digital  natives  adoption  adoption  curve  trends  youthification  unintended  consequences  complexity  unknown  unknowns  self-regulation  regulation  deregulation  vested  interest  interest  groups  operating  performance  Start-Up  Start-Ups  Lean  Start-Up  Silicon  Valley  entrepreneurial  entrepreneurship  feedback  loop  transparency  Models  Social  Media  recovery  productivity  output-gap  underemployed  working  poor  squeezed  middle  class  disposable  income  Debt  Super  Cycle  USA  UK  Europe  consumer 
may 2014 by asterisk2a

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