Portability and Interoperability

Data portability is friendly to consumers, but it has very little to do with encouraging competition, at least relative to interoperability.

Exponent Podcast: More Ergonomic

On Exponent, the weekly podcast I host with James Allworth, we discuss Integration and Monopoly. Listen to it here.

Integration and Monopoly

Apple has won through integration, but integration combined with network effects and economies of scale can result in bad outcomes that look a lot like monopolies.

Facebook Pay, Google Checking, Tech Company Differences

Facebook announced Facebook Pay, which is far different from Libra. Then, Google is apparently getting into checking, which leads to a question of motivations: each of the tech companies are approaching financial services from a different angle.