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Bloomberg Technology

Why Big Tech Companies Aren’t ‘Platforms’

Evercore senior advisor and Columbia Business School professor Joanathan Knee talks to Caroline Hyde about his new book “The Platform Delusion,” arguing that while the platform business model is supposed to mean big bucks from investors with the promise of big returns, many of the big tech platforms essentially “suck the value out of the…

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Evercore senior advisor and Columbia Business School professor Joanathan Knee talks to Caroline Hyde about his new book “The Platform Delusion,” arguing that while the platform business model is supposed to mean big bucks from investors with the promise of big returns, many of the big tech platforms essentially “suck the value out of the companies that actually do things.”

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14 Comments

14 Comments

  1. Tristen Hernandez

    November 20, 2021 at 12:45 am

    Why are there never any comments on these videos?

    • Sir Derty ✓

      November 20, 2021 at 4:34 am

      Their content is junk, that’s why. There is comments, but they put out content all day 100s of video so it gets washed away by the newer uploads instantly. They have a lot of other channels that get views.. but their news is obviously biased for biden like msnbc. Also they promote a lot of cryptoscammers

  2. SASCrypto

    November 20, 2021 at 1:00 am

    I don’t know but Bloomberg has been putting out great crypto content. Web3.0 I am glad to be apart of the new world

    • Sir Derty ✓

      November 20, 2021 at 4:33 am

      No they have not.. it’s been a lot of bogus lies and NFT(scams run by opensea insider trading as revealed by coffeezilla)
      get a clue

    • Avi Aaron

      November 20, 2021 at 12:55 pm

      being apart? or being a part?
      big difference.

  3. ayvri

    November 20, 2021 at 3:12 am

    This guy has confused a platform with a marketplace. Windows is a platform, ebay is a marketplace. Real estate online is a marketplace.

  4. Sir Derty ✓

    November 20, 2021 at 4:38 am

    Big tech companies are platforms. Who is this guy getting his definitions from? Get better sources boomer.
    If you are a person and you get attention off of social media, than by definition and common sense its a platform. Also big tech is funded by public dollars in the 8 to 9 figures now, so its not private at all, especially for being the main source of information and events.

  5. wildreams

    November 20, 2021 at 5:11 am

    I don’t think it’s healthy to discourage risk taking to create something new and innovative.

  6. kayrow

    November 20, 2021 at 6:27 am

    Potatoe, potato…

  7. Birgir Karl Óskarsson

    November 20, 2021 at 8:18 am

    A comment section is a great PLATFORM to declare this video uninteresting and boring.

    • Judge Dredd

      November 20, 2021 at 1:02 pm

      True

    • Bonghune Zhou

      November 21, 2021 at 6:29 am

      Hear hear.

  8. lrm21

    November 20, 2021 at 11:42 pm

    This guy is so wrong. There are only a handful of platform companies in the world. Google is a search and data platform there is no competitor, Facebook(meta) is the social media platform, if you want to reach a broad targeted audience as a business or brand there is no alternative to Facebook and Instagram. Amazon is the ecommerce platform. These are companies that have built effect network monopolies that allow to extract above average value. I have never heard anyone refer to Compass as a real estate platform.

  9. Rn Kn

    November 21, 2021 at 3:01 am

    What is different, is when a platform is decentralized.

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Bloomberg Technology

Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us

Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks. On this episode of the Odd Lots podcast recorded live at the Vermont…

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Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks.

On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, Rachel Karten, author of the Link in Bio newsletter, and Taylor Lorenz, founder of User Mag, talk about the possibility of AI killing all humans, or maybe just some.
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Bloomberg Technology

James Manyika on AI Regulation

“I don’t think it should be left to any one company.” Google SVP James Manyika says a “collective effort” is needed to ensure AI safety. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:   Get the latest in tech from…

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“I don’t think it should be left to any one company.”

Google SVP James Manyika says a “collective effort” is needed to ensure AI safety.
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Bloomberg Technology

Billions Pour Into OpenAI, DeepSeek Ahead of IPOs

Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI risks from London’s Tech Stars event.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:01 – Bloomberg’s Mike Shepard on OpenAI Looking to UAE Funds to Anchor $30B Raise
00:05:53 – Bloomberg’s Peter Elstrom Discusses DeepSeek Blowing Past Its Initial Funding Target
00:09:44 – Bloomberg’s Brody Ford Reports on Google and Constellation Striking Nuclear Deal
00:13:16 – Paul Allen Reports on OpenAI Apologizing for Hack Against Australian Government
00:15:43 – Emily Bender, University of Washington Computational Linguistics Lab Director
00:22:58 – Talking Tech with Carmen Reinicke
00:24:11 – Emma Norchet, T. Rowe Price Partner
00:33:10 – Olivia Moore, Andreesen Horowitz Partner
00:40:36 – Jamie Dimon, JPMorgan Chase CEO
00:42:59 – Paramount Completes Acquisition of Warner Bros. Discovery
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