Authors:

  • Karim R. Lakhani
  • Marco Iansiti

Excerpt

Managing Our Hub Economy. Marco Iansiti, Karim Lakhani, September/October 2017, Opinion, "The global economy is coalescing around a few digital superpowers. We see unmistakable evidence that a winner-take-all world is emerging in which a small number of “hub firms”—including Alibaba, Alphabet/Google, Amazon, Apple, Baidu, Facebook, Microsoft, and Tencent—occupy central positions. While creating real value for users, these companies are also capturing a disproportionate and expanding share of the value, and that’s shaping our collective economic future. The very same technologies that promised to democratize business are now threatening to make it more monopolistic." Link