Digital Economy Models

The ubiquity of technology and the standardisation of internet-based connectivity has facilitated the emergence of new digital economies. In some instances, these economies 1) allow participants to trade excess supply, 2) facilitate new ways to commercialise existing activities and influence and 3) generate income in wholly digital spaces from whol... See more

The Creator Economy results from a complete paradigm shift in the way GenZ sees the Work. They don't want to work for others as they discovered they could make money on the internet by applying their skills in areas they love. They don't want to follow processes at a big corporation but rather collaborate on projects in which they thrive.

If people agree that's potentially an issue, the best way to counteract it is to build business models that actually reinforce the opposite, and give people the ability to do their own things online or participate in production. Shopify is that to me.

These emergent digital economies are facilitating dramatic wealth accumulation for a small few and supplemental earnings for a great many. They are the new ladders and ledges being created to replace the elevators that have been destroyed. They are, however, only accessible to those with the relevant skills and education. Many will be left behind.

Digital networks have become the dominant cultural logic, profoundly transforming not only culture but also the economy, public sphere, and even people’s subjectivity. In contrast to digital culture, network culture makes information less the outcome of discrete processing units and more of the result of the networked relations between them, of con... See more

Digital has led to market fragmentation in nearly everything. Reduced opportunity costs have spawned a plethora of Direct to Consumer (DTC) brands which will continue for the foreseeable future. Small niche startups will continue to build followings and “tribes” in ways that couldn’t have been imagined in the pre-internet era.

This dynamic — the dependence on our creative labor to develop content and our curation labor to teach recommendation algorithms, while optimizing for ad revenue — is actually the core business model of virtually all content platforms, from YouTube to Facebook, Netflix to Instagram.