Institutions embody the collective agreement and fabric of meaning that, above any external forces, builds, as opposed to extracts from, cultural and social value. In the age of platforms, the challenge is to reconfigure and revive institutions, employing “intra-institutional technology” that augments their missions without cannibalizing them,... See more

With institutions, the material support for production is separated from its consumption, audience, and transmission. On the platforms, all of those need to be operating on the same rails to enable the totalizing optimization for the growth of the platform itself.