Accelerating the API Economy

Posted 12 months ago
We are in the middle of an economic evolution that is finally hitting the mainstream. The economy is becoming API-first. The API-first economy means businesses can be computers talking to other computers, computers talking to humans, or humans talking to computers. We don't know who is fulfilling the work behind the scene, nor do we care because all business interactions happen through APIs.

An API-first economy builds supply chains for knowledge work. Every company can be thought of as a lego piece. Each piece optimizes to do one thing well, outsourcing or divesting anything that doesn't fit its core competency and maximizing its competitive advantage. It connects with other components that it needs via APIs. Since the interaction is programmatic, the company doesn't care who is delivering the end result. It can be either an Algorithm or a Human.

This will create a Cambrian explosion of companies that can be built. Suppose we combine the API-first nature with 5G, Edge, IoT, and other emerging technologies. In that case, we can produce hundreds of different permutations of optimized products fulfilling niche needs.

As more niche products are built to talk to each other through APIs, we can foster innovation faster. If a new breakthrough solves a problem cheaply, we can just theoretically replace the API. This will lead to competition to reimagine and reinvent problems from different angles. Hopefully, this acceleration of problem-solving will lead to solving the world's issues faster.

As an example of this, think of an API-first Google Maps. Google can focus on displaying the maps to the end-user. They can call an API provider that optimizes for getting the very best results from, say, Santiago, Chile.

But say another provider comes along and provides better results. Google can just connect to the new one without changing any code, only the API address. The vendor for map data in Santiago, Chile, could also call its own APIs for neighborhood data. Each layer can optimize to deliver the very best results.

This is a biological emergence of the economy. Companies will be able to be formed rapidly. Like cells coming together to build new organisms, APIs can combine to create new companies.

opsZero's mission is to accelerate the API economy.

To achieve this mission, our focus is on two things.

  • Accelerate the adoption of Serverless, Kubernetes, and Workflow Automation to create new API endpoints.
  • Build a Platform to launch and service API-first companies.

Photo by Markus Spiske from Pexels