The potential impact of Web3 on the internet and the digital economy is beginning to unfold — By Irving Wladawsky-Berger A few weeks ago, the Blockchain Research Institute (BRI) announced that its annual global conference would be renamed Web3 Blockchain World, and that the Enterprise Blockchain Awards would now be called the Web3 & Blockchain Transformation Awards. I’ve been affiliated with BRI for a number of years…

Digital marketplaces are slowly gaining acceptance in the traditional healthcare sector — By Paula Klein Digital platform models may not be the single elixir for healthcare industry ills, but they are a step in the right direction, according to speakers at MIT’s healthcare platform conference held July 14 in Cambridge, Mass. Notorious problems facing U.S. healthcare today range from high costs and…

Digital platforms have transformed firms, workers, and the economy. MIT Platform Strategy Summit leaders explain why–and what’s next. — Platforms beat pipelines. Network effects power platforms. By 2016, when the book Platform Revolution, by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Paul Choudary, was released, these phrases were beginning to resonate with savvy digital marketers. But it was only a few years earlier that startups with disruptive business models…

French study examines the link between socioeconomics and mobile data usage — By Irving Wladawsky-Berger A few weeks ago I attended an MIT seminar by Esteban Moro, professor at Universidad Carlos III in Madrid and visiting professor at MIT. Moro’s talk discussed the socio-economic digital divide based on how we use the internet, focused on two key questions: how profound is the…

Mastercard is methodically building — and acquiring — corporate-wide expertise in AI technology. Will its strategy be ‘priceless’? — By Thomas H. Davenport and Randy Bean There are plenty of organizations that are dabbling with AI, but relatively few have decided to go all in on the technology. One that is decidedly on that path is Mastercard. Employing a combination of acquisitions and internal capabilities, Mastercard — with the brand slogan, “Priceless” — has the clear objective of becoming an AI powerhouse. Just what does that term mean, and how is it being applied at the company?

By Brian Eastwood, MIT Sloan When implementing enterprise-wide technology, executives want to be sure their investment will pay off — and rightfully so, given the time, money, and resources required to get new tech up and running. Evidence about the value of cloud-based services is often anecdotal, based on the…

Upcoming MIT Summit will offer dynamic NFTs to boost post-event learning — By Peter C. Evans, Geoff Parker, and Marshall Van Alstyne Despite best intentions, it’s often difficult to retain and sustain complex information. Attending a conference, for instance, sparks many ideas and actions, but too often, remembering all the key takeaways several months later can be difficult. That’s why this year’s…

Debates persist about how to make hybrid work arrangements work. Here are 5 ways to adapt. — By Irving Wladawsky-Berger More than two years into the COVID pandemic, office life — and the workforce — will never be the same. “The people returning to the office are not the same as those who left in March 2020,” wrote Jared Spataro, Microsoft Corporate VP for Modern Work, in…