It is very refreshing to run into folks who understand the subtleties of true phase change disruptions. This video does a great job at explaining “Platforms”, like a KarmaCoverage, and how the business model contrasts at the core from old business model “Pipes”.
We see a lot of AI, chat bots, big data, etc which are wonderful improvements upon the Pipe business models. By contrast we see very few truly intentionally designed Platforms in Finance so far. P2P lending may be the only one, leaving all other financial sectors still open for redesign.
Enjoy, "From Pipes to Platforms"