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Rising Tide Rents and Robber Baron Rents

O'Reilly

Patents—exclusive, government-granted rights intended to encourage innovation—protect pharmaceutical companies from competition and allow them to charge high prices. They are a price that we pay for a rising tide of innovation. What Is Economic Rent? For example, consider drug pricing. But not all rents represent abuse of power.

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A Day in the Life of an Experimentation and Causal Inference Scientist @ Netflix

The Netflix TechBlog

Our experimentation and causal inference focused data scientists help shape business decisions, product innovations, and engineering improvements across our service. We worked in different industries before joining Netflix, including tech, entertainment, retail, science policy, and research. Roxy Du (Product Innovation) [Roxy D.]

Analytics 207
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Tasktop’s Bookshelf

Tasktop

In a fast-paced and entertaining style, three luminaries of the DevOps movement deliver a story that anyone who works in IT will recognize. The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. The Phoenix Project. Author: Gene Kim. For more information, visit: [link].

DevOps 40
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Building a Rule-Based Platform to Manage Netflix Membership SKUs at Scale

The Netflix TechBlog

By Budhaditya Das , Wallace Wang , and Scott Yao At Netflix, we aspire to entertain the world. As we expand offerings rapidly across the globe, our ideas and strategies around plans and offers are evolving as well. We value knowledge sharing, and it’s the drive for industry innovation. What’s Next?

Mobile 209
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Lost Productivity or Found Hyperefficiency?

The Agile Manager

There is an alternative perspective that is far more optimistic : digital companies drive down costs through hyper-efficiency (speed, automation and machine scale) and price transparency. The argument for this invisible efficiency is that economic models have simply failed to change in ways that reflect this phenomenon.

Energy 52
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Can a Business Rent a Core Capability?

The Agile Manager

This final state is an efficient economic relationship for buyer and seller. Social media is a form of entertainment that shifts people's allocation of their leisure time. The buyer has more flattering financial statements and can negotiate for non-core services at a gross level (e.g., a single cost per employee).

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Experimentation is a major focus of Data Science across Netflix

The Netflix TechBlog

Here we describe the role of Experimentation and A/B testing within the larger Data Science and Engineering organization at Netflix, including how our platform investments support running tests at scale while enabling innovation. Growth Advertising At Netflix, we want to entertain the world ! Curious to learn more?