AI/ML Platformication

Law Technology Daily Digest

Vol. 18, No. 321

As William Vorhies writes, “Platformication isn’t new.” But imagine an AI and ML strategies that look like Facebook, Google, Amazon, Uber and Airbnb. When describing what a platform strategy is, he credits Geoffrey Parker and Marshall Van Alstyne as describing it as a “two-sided market, or two-sided network… with two distinct user groups, typically buyers and sellers, which adds value to the transactions by exploiting Metcalfe’s law, showing that the value of the network increases with the number of users.” Think about that and read more at Data Science Central: A Radical AI Strategy – Platformication

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