Competition @ Internet Speed

Mark Cuban recently wrote, The Internet is dead and boring, while no doubt the underlying technologies of the web are are in a stable mode and unlikely to radically change in the near future. While we ait for http 3 or IPVx, the world ought to realise that a lot of additional value can come out of what we currently loosely define as the internet platforms. Some of them are the the modern wonders of the world/Marc Andreesen recently wrote about the internet platforms.

Umair picks up issues with facebook, the hottest name in the internet today.He argues that Facebook/F8 - is not a platform and the worldwide web is the platform - and every site or widget on it is also an open platform. His reasoning:

In yesterday's platform economy, scale in complements + technological specificity drove huge switching costs. But today, there is no hard technological lock-in - and it's very, very hard to create it. Let's say we create a closed standard. And we gain demand-side scale. He sees that Facebook has built a pseudo-platform. He is right that such platforms create no real entry barriers and switching costs can’t limit entry. As if taking the cue, Techcrunch
points out that facebook has a platform to allow third parties to build applications on Facebook itself. But what Google may be planning is significantly more open - allowing third parties to both push and pull data, into and out of Google and non-Google applications. The internet economy is indeed amazing.

Labels: Emerging Trends, Facebook, Internet Platforms