Collaboration tools are opening up space for manager-free forms of work. And contracting costs are likely to fall markedly thanks to the advent of blockchain protocols – algorithms that replace trusted third parties, and instead automatically verify transactions using a huge digital ledger, spread across multiple computers. As a result of these innovations, a new way of working is emerging: a series of interactions that are open, skills-based and software-optimised. Where once we had the ‘corporation’, instead we are witnessing the ascendancy of the ‘platform’. The question is: should we see this as a promise, or a threat?