We live in an era of sharing economy, looking as how companies have evolved overtime everything seems to be switching from pipeline model to platform model. Unlike pipeline models that create content and just push it, platform’s allows users to create and consume values. For an instance usual, classic case of pipeline model is TV streaming, where one would create content at one end and on the other end people would watch it, but this industry was disrupted by a platform such as YouTube where we have users who create and consume content.
Today it’s so difficult to find industries that cannot be disrupted using platform’s, but saying that its also important to see if the law we are governed with is considering giving room for innovation in countries we live in. When we have companies coming up with innovation to connect producers and consumers of service or any digital content, it is expected that government laws need to cope up with speed such companies operate. This is not just for the sake of innovation but also because such companies create values, jobs and wealth.
We already have trillion-dollar companies who have proven to be efficient platform’s like Amazon and Apple. If we see at how these companies’ function, we can easily see how Amazon has its value with bringing sellers and buyers of products together, also with apple how the company provided App-store as a platform for users to create and consume apps.
Having said this, we have many platform’s emerging in our country, some sharing rides and some food, some space too live. In our or any other country driven by industries for centuries, it is difficult for government to relate to the thought that something like a mobile app or a service can disrupt the existing global industry and create millions of jobs, but there needs to be change in policies that were made way before in time, today everyone has a smart phone, everyone has this opportunity to be part of sharing economy and we need more innovation that bring change to how industry has worked previously.
