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Platform companies becoming more powerful, creating tensions (The New York Times Magazine)

March 21, 2017

If successful, a platform business — one built around matchmaking between vendors and customers — creates its own marketplace; if extremely successful, it ends up controlling something closer to an entire economy, The New York Times Magazine writes. But the tensions that platforms like human cloud firm Uber create with their customers, their workers and the world that surrounds them will soon become harder to ignore as these companies foment economic and social change, the consequences of which will increasingly be thrust into spectacular display.