Platforms We Live On
Airbnb is an example of this.
What is a two-sided platform?
Data are broken into these.
What are packets?
What is a smart fish tank?
Data functions as this in digital markets.
What is an economic input?
The lowest-cost, highest-payoff opportunity for digital attack is this.
Platform markets are characterized by independent groups of users, a platform facilitating interaction, and this.
What is a network effect?
Humans use domain names and URLs instead of these.
What are IP addresses?
Overuse of AI tools makes people this.
What is lazy?
Smart systems are designed to minimize this.
What is error?
Cybersecurity does not eliminate risk; it changes this.
What is the probability of a breach?
"More Lyft riders make Lyft more valuable to drivers" is an example of this.
What is a cross-side (or indirect) network effect?
Interconnected networks exchange data using shared rules called this.
What are protocols?
What are magnets?
Machine learning improves this with more data.
What are predictions?
The most effective attacks target behavior, not this.
What are "systems"?
Platforms solve the chicken-and-egg problem by doing this.
What is: subsidizing one side of the market?
This protocol retransmits missing packets.
Texas ranks roughly here among the richest U.S. states.
What is 24th?
(Answer within 3 is acceptable!)
These are the TWO drivers of improvement.
What are: more data and better optimization?
IoT devices are often insecure for this reason.
What is: consumers don't strongly value security at purchase?
Platform growth is characterized by this.
What are feedback loops?
What is UDP, or User Datagram Protocol?
Dr. Hauge's favorite color.
What is red?
You are not the product in a platform market, this is.
What is your predictability?
Expected wealth when a $100,000 profit is subject to a 10% of losing half of that profit is this.
What is $95,000?