![]() Not necessarily… When Digital Meets Disruption ![]() So if these digital companies are becoming the world’s most massive corporations because of their innovation and convenience for the public, wouldn’t we be living in a utopian world? And if there is a need for tangible resources, the other alternative is the P2P method. So for these companies, the business strategy here is to employ more the intangible content rather than the physical stuff. On the other hand, companies like Netflix, for example, are not based on P2P sharing, yet rely on immaterial resources and software as the core assets to keep the company up and running. When people share their own physical resources in exchange for some sort of benefit (aka profit), the company itself runs on its contributors’ or employees’ resources and thus profits out of the services it’s providing.Īlthough this doesn’t necessarily apply to every single online company, the Sharing Economy is starting to lift a burden off of many companies’ duties to supply resources and entities. This economic system, ‘The Sharing Economy’, is based on Peer-to-Peer (P2P) sharing. But what is it that is driving these companies to not actually own any entities? A Sharing Economy The list goes on, but these are the main companies used around the world today, and other online companies are also pursuing this very method.
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