In today's discussion, Jonathan Knee, a distinguished advisor at Evercore Partners and Professor of Professional Practice of Media and Technology at Columbia Business School, explores the themes of his influential work, "The Platform Delusion." Jonathan's insights stem from a rich career in both the banking and academic sectors, bringing a nuanced perspective on digital versus analog platforms, competitive strategies, and the evolving landscape of technological advancements. The conversation uncovers the myths surrounding platform businesses and their impact on the economic principles that govern market dynamics. Jonathan also discusses the implications of regulatory frameworks and their intersection with business strategies in shaping industries and so much more!
Key Topics:
- Jonathan Knee's background and expertise in media and technology (01:40)
- The initial impetus behind writing "The Platform Delusion" and the misconceptions it addresses (13:14)
- Definitions and the real economic underpinnings of platform businesses (17:52)
- Competitive advantages and the robustness of network effects in digital platforms (35:02)
- Exploring the sustainability of various business models within tech giants like Meta and Google against emerging technologies (44:51)
- Insights into the strategic decisions that have fortified Apple's market position over the years (48:38)
- The impact of generative AI on existing business ecosystems and future market trends (55:36)
- Societal and technological transformations influencing today's business environment (58:55)
- Jonathan’s book recommendations (01:01:30)
- And much more!
Mentioned in this Episode:
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