The future is already here—

it’s just not very evenly distributed.

Companies with valuations based largely on your data

• Acxiom ($1.3B)
• Uber ($41B)
• Palantir Technologies ($10B)
• Yelp ($1.47B)
• Facebook ($255B)
• Google ($403B)

• We are the network. We effect (create, cause, bring into being) the value.
• Open platforms have disadvantages to closed: in making up-front investment (one entity controlling a platform can capture the value more easily), can be easier to make a good user experience
• Open platforms have advantages over closed: more companies can try their ideas, more different needs can be served (long tail).

1. Share data
2. ???
3. Profit

As value shifts from software to the ability to leverage data, companies will have to rethink their businesses, just as Netflix and Google did. Dries Buytaert

Distributed data and processing