Talking about Platforms Platform Classics: Industry Platforms and Ecosystem Innovation
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Feb 14, 2025 Explore the distinction between internal and external platforms and their impact on industry dynamics. Learn about the strategic balance platform owners face in controlling technology while enabling external innovation. Discover IBM's shift to open systems as a blueprint for resilience against disruption, contrasted with the rivalries of JVC and Sony. Delve into future trends, including the influence of AI and data on personalized experiences, alongside the challenges of decentralized platforms and ethical data governance.
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Platform Studies Overview
- This podcast episode explores key ideas in platform studies using AI.
- It focuses on influential research that shaped the field.
Platform Types
- Platforms are categorized as internal or external, impacting innovation.
- Internal platforms streamline product development, while external ones foster ecosystems.
Baldwin Locomotive Works
- Baldwin Locomotive Works in 1854 used standardized parts.
- This allowed them to create various engine types efficiently, an early example of internal platforms.