Cloud platforms consolidated the platform into a powerful business model

Evidence

If advertising platforms like Google and Facebook laid the groundwork for extracting and using massive amounts of data, then the emerging cloud platforms are the step that has consolidated the platform as a unique and powerful business model. — Nick Srnicek, Platform Capitalism, 58

Categorization

• XREF: connects to: The cloud centralizes data ownership in corporations that earlier internet models distributed. — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 183; Cloud platforms operate like utilities centralizing essential infrastructure — Nick Srnicek, Platform Capitalism, 60; Platforms commonly originate as solutions to internal company needs — Nick Srnicek, Platform Capitalism, 59 (+4 more)

Related

• Cloud platforms operate like utilities centralizing essential infrastructure (similarity 0.89)
• The cloud centralizes data ownership in corporations that earlier internet models distributed. (similarity 0.87)
• Building proprietary hardware and analytics drives platform centralisation (similarity 0.86)
• Platforms commonly originate as solutions to internal company needs (similarity 0.86)
• Renting cloud infrastructure yields data extraction alongside rental income (similarity 0.84)
• Network effects embed monopoly tendencies directly into platform structure (similarity 0.81)
• Platforms replace markets with fiefdoms and profit with cloud rent (similarity 0.80)
• Cloud computing converts data producers into renters dispossessed of their data (similarity 0.80)
• The shift to platforms concentrates ownership rather than ending it (similarity 0.79)
• Platforms look like markets but are centralized fiefs owned by algorithms (similarity 0.79)
• Amazon’s platform extended cloud rent into the physical goods economy. (similarity 0.79)
• Platforms’ convening power forces all content into platform-ready extractive form. (similarity 0.79)
• Colonial-style ownership extends to device production and cloud computing capacity (similarity 0.78)
• Platforms extract surplus value produced elsewhere without producing any themselves (similarity 0.78)
• Cloud capital has displaced markets and profit from the center of the economy (similarity 0.78)

Broader Connections

• Platforms replace markets with fiefdoms and profit with cloud rent #complicates (0.80)
• Building proprietary hardware and analytics drives platform centralisation #expands (0.75) — Nick Srnicek, Platform Capitalism, 86