Who is ruling our space and time?

FAANG!

The shared revenue of the FAANG companies (which are all platform companies) have a combined revenue more than 600 billion dollars . New Zealand has a GDP of 186 billion dollars, Denmark 284 Billion dollars, Switzerland 517 Billion dollars. These are whole countries that have less GDP than the revenue of these platforms companies.

A place for platforms

The intention of this blog wasn’t to end up in some kind of anti-globalization thread. However, it’s good to see the implications of this new kind of economy. For platform companies producers and consumers are really two sides of one coin. It’s of course about money, but the real problem is that platforms have world-wide monopoly on certain types of transactions.

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