Within industries like hospitality and transportation, entrants are succeeding not by optimizing production but by eliminating production cost altogether.
Source: thenextweb.com
Welcome to the zero-marginal-cost economy, a way of doing business where ownership of a core process is surrendered to community collaboration.
Within service industries like hospitality and transportation, new entrants such as Uber or Airbnb are succeeding not by optimizing production, but by eliminating production cost altogether.