Discussing New Platforms in the Digital Economy

Digital platforms are “systems that entities can build on, that are open and not proprietary.” A successful platform is one that increases innovation by empowering individuals to create content, build businesses, and foster new ideas that will transform markets and society. From the industrial internet to the digital economy, platforms have enabled consumers and citizens to communicate information seamlessly, have enabled businesses to connect products together seamlessly, and have enabled entrepreneurs and workers to apply their talents across the world seamlessly. As we enter into the Fourth Industrial Revolution, how can platforms continue to be a powerful engine for economic growth and societal transformation? How can markets support the continued growth of digital platforms? And how can policymakers enable a business environment that allows consumers, citizens, and works to benefit from the innovation in these evolving platforms? Watch the replay of the discussion below to see what the panelists said about how digital platforms are creating the platform economy.