noun a type of capitalism that is based on digital platforms
In the field of technology, platform capitalism is used to describe the business model of tech companies that act as intermediaries connecting users and service providers through their digital platforms.
Platform capitalism is relevant in the business world as it represents a shift towards digital platforms as the dominant mode of organizing economic activities and creating value.
In sociology, platform capitalism is studied for its impact on labor relations, income inequality, and social dynamics in the digital age.
Platform capitalism refers to the economic system where digital platforms play a central role in organizing and mediating economic activities. Companies like Uber, Airbnb, and Amazon are examples of platform capitalism.
Writers may use the concept of platform capitalism to analyze how digital platforms have transformed the publishing industry, changing the way books are marketed, distributed, and consumed.
Psychologists may study the impact of platform capitalism on mental health, looking at how social media platforms and online marketplaces influence behavior and well-being.
Entrepreneurs may leverage platform capitalism to build their own digital platforms or marketplaces, capitalizing on network effects and data-driven business models.
Economists may analyze the economic implications of platform capitalism, studying issues such as market concentration, competition, and regulation in the digital economy.