What the Sharing Economy Takes. Sharing is a good thing, we learned in kindergarten, but that wisdom was soon called into question by the grown-up world of getting and spending.
Now, New Age capitalism has spun out a wonderful invention: the “sharing economy,” which holds out the promise of using technology to connect disparate individuals in mutually profitable enterprise, or at least in warm feelings. The most prominent examples of the sharing economy are a taxi-hailing service called Uber and a real-estate-subletting service called Airbnb. As with most enterprises emerging from Silicon Valley, they come with a very ambitious vocabulary. Brian Chesky, the co-founder of Airbnb, uses words like “revolution” and “movement” to describe his company, which is now valued at $13 billion—a bit less than the price at which the stock market values Starwood, a company that operates 1,200 properties in 100 countries, under names like W, Westin and Sheraton—making Airbnb the best-capitalized revolutionary movement in history.
Beyond Sharing - the Collaborative Economy. By Gloria Lombardi "The Collaborative Economy is an economic model where commonly available technologies enable people to get what they need from each other.
" Jeremiah Owyang (pictured right) is the founder of Crowd Companies, an Innovation Council based in San Francisco that helps large companies to embrace the Collaborative Economy. "We are talking about the enablement of the peer-to-peer movement, where individuals get the things that they need from each other - from food, to physical space, money, transportation and healthcare services. " Technology is often the prerequisite for this to happen at scale. "Having mobile devices and smartphones is really key. " While the movement is creating disruptions for some industries, it also holds much opportunity. Welcome to Forbes. Sleeping Through a Revolution — Aspen Ideas. In my last letter, I told you there was a time in the late ’60s when the most critically acclaimed movies and music were also the best selling.
The Beatles’s Sgt. Pepper album or Francis Coppola’s Godfather film were just two examples. I said that that is not happening anymore, and I wanted to explore with you why this change occurred. Because I spent the first 30 years of my life producing music, movies, and TV, this question matters to me, and I think it should matter to you. Sharing is caring… can it be earning and saving too? Struggling for ways to get some extra cash?
Well, have you got a car sitting unused during the week? Is your home empty when you’re on holiday? Does your pet pooch crave attention when you’re at work? These are just some of ways people are making money from the “sharing economy”. And it can help bring down costs if you are looking for the short term use of a car, apartment, driveway, dress or even a dog. It’s not just about things either - couriering, lift-sharing and cleaning are some of the services you can share too. Don't believe the hype, the 'sharing economy' masks a failing economy. Early this month, Verizon, one of America's largest mobile operators, quietly unveiled a new service called Auto Share.
Slated to launch by the end of the year, Auto Share makes it trivially easy to book and unlock a rented car with a smartphone: just scan and validate a QR code on the windshield. Potential implications are, indeed, far-reaching: now any aspiring startup can rely on Verizon's infrastructure of ubiquitous connectivity and geolocational tracking to match supply and demand, with Verizon itself providing lucrative verification and locking services.
Democrats waver on Uber and the sharing economy. Republican presidential candidate Jeb Bush exits an Uber vehicle as he arrives at Thumbtack, a consumer service connecting experienced professionals in San Francisco, California, July 16, 2015.
Companies that are a part of the sharing economy, like Uber, are presenting a policy challenge for Democrats. The Rise Of The Gig Worker In The Sharing Economy. I’ve ridden in the backseat of many Uber drivers’ cars.
Sometimes we exchange lively banter, other times we sit silently as I check email on my phone. There is not one driver that stands out, but rather a composite driver that I feel I’ve met a hundred times. When in the midst of friendly banter, I’ll inquire about the driver’s day job — does he have one? Does he enjoy driving full time? The driver shares a familiar story: He is driving not to earn extra money, but to earn a living. The Cooperative Advantage: Is Sharing Ownership Good For Our Economy? “Greed, for lack of a better word, is good.
Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind …” – the infamous words of Michael Douglas's character, Gordon Gekko, in the 1980s Hollywood movie Wall Street. Why your assets are safer in a sharing economy. In 2010, while the world was feeling aftershocks from the 2008 financial crisis, an interesting milestone took place: for the first time in history, global household wealth was equally divided between financial assets and tangible assets.
Tangible assets – homes, cars, appliances and so forth – now make up a larger percentage of our net worth than ever before. At the same time, the phrase “access over ownership” can be heard in many places, from corporate boardrooms to community centres. This includes sharing-economy platforms that allow you to access almost anything, from a bicycle to a pet, when you’d like it, rather than owning it outright.
Tangible assets play a key role in this “access economy”. And yet there remains no platform for personal management of these things: no easy way for individuals to organize, value and protect what they own (and may wish to share) over time. Your digital exhaust. The Collaborative Economy and the Postcapitalist Dream. A new book to be published on 30 July, Postcapitalism by Paul Mason (above), was given three full pages in last Saturday's Guardian newspaper where Mason was permitted uncritically to make the case that the sharing economy will replace capitalism, and that the main driver for this is information which 'wants to be free'.
(Paul Mason is the Economics Editor of Channel 4 News and previously wrote Meltdown: The End of the Age of Greed and Why It's Kicking Off Everywhere: the New Global Revolutions.) On this very website you will find further, similar claims that are almost as extreme made by some bloggers. Mason argues that capitalism is in its death throes because of the 2008 banking crisis, austerity and growing inequality found all over the world. But is this true? Uber vs. Laws. The “sharing economy” has suddenly become a focal point of the presidential campaign, with candidates on all sides embracing companies like Uber for their disruptive, customer-focused innovation.
On Wednesday, Sen. Marco Rubio (R-Fla.) thanked Uber in a tweet for giving him a ride in New York City; Jeb Bush took a stage-managed ride in an Uber in San Francisco last week. Hillary Clinton’s big economic speech raised some labor concerns, but also highlighted sharing-economy firms for “creating exciting opportunities.” One of those opportunities could well come in the realm of government regulations: The sharing economy, many observers hope, could start wiping them out.
As sharing companies build powerful, influential customer-rating systems — think of Uber driver ratings, or Yelp stars —the thinking is that the market itself will increasingly police bad actors and frauds, weeding them out without the need for onerous rules. Not everyone is quite as hopeful about reputation systems. The left vs. the sharing economy: Where are the Atari Democrats of today? - AEI.
Evan-Amos Wikimedia Commons (CC-BY-2.0) Vox’s Timothy Lee looks at how Republicans and Democrats view the emerging sharing economy. Republicans — at least nationally — seem almost uniformly positive. They see Uber, for instance, as a feisty, innovative startup vs. regulators and the cronyist taxicab cartel. The non-virtual elephant in Paul Mason’s postcapitalist sharing-economy room. Since I can’t sprinkle Wikipedia on my porridge, clothe myself with an open-source pattern for jeans, or access the internet by data alone, I’m puzzled about Paul Mason’s postcapitalist proto-utopia (Welcome to a new way of living, Review, 18 July).
How does he propose dealing with the non-virtual elephant in the middle of his sharing economy: ie that the means of production – the factories, mines, farms and power plants that make the stuff we need and use – are all owned by someone who expects payment? Is the missing detail to his argument the abolition of private property? Because surely it would take that, even to access the internet and its wealth of data for free, and be clothed, housed, etc. It has taken thousands of years of human ingenuity to build a smartphone, and every link in that vast chain – from rare-earth mines to polymer labs to the farmers who feed the delivery drivers who put the smartphone through your letterbox – expects payment for their property and their effort.
The Cooperative Advantage: Is Sharing Ownership Good For Our Economy? Echo++ brings the Shared Economy to Business and Startup Growth - Startacus. By Startacus Admin Startacus loves a good ol’ fashioned story on the Collaborative or Shared Economy so when we heard of Echo++ an inclusive business growth accelerator designed for East London sole traders, startups and micro businesses - but with no money involved, we were intrigued. Through a series of 6 week, 3 month and 6 month packages all launching in September 2015 Echo++ will provide masterclass workshops, offer participants the chance to learn and apply new business skills, gain mentoring, consultancy and access a network of over 700 local businesses to help offer advice, share skills and collaborate - the ‘shared part’ here the key to the “no money involved” premised of the programme.
Echo++ is run on and paid for with Echoes, not pounds and pence. Applicants accepted onto the programme, will be provided with an Echo overdraft to cover the value of the course in Echoes. So if you are a East London business check out all the Echo++ details here via economyofhours.com/echoplus. Britain's 'Sharing Economy' Is Creating a Desperate Servant Underclass. Black cab drivers gum up a London street to protest against Uber (Photo by Chem Squier) It was seven o'clock on a cold January evening when Orhan a taxi driver for Uber first realised he had a problem. Well into his second shift of the day, he tried logging on to the mobile app that connects him with his customers but found himself shut out and staring blankly at the words "network error". Just an hour earlier he'd been on Twitter arguing with disgruntled Black Cab drivers that he says were racially abusing him.
One of the "trolls" – upset at Orhan's choice of language – had reported the exchange to Uber, and Orhan had been blocked from accessing the system. Uber Just Can't Lose? Director magazine — inspiring business. Entrepreneur’s Top Tips for Cashing In on the Sharing Economy. There are many forms of the sharing economy, but for our purposes let’s focus on one very specific aspect of it: Where consumers (that’s you and me) are paying to access someone else’s goods or services (in Uber’s case, people with cars who want to share their services, for a fee).
Related: 5 Apps Every Entrepreneur Needs to Stay Organised. Digital Economy + Sharing Economy = Networked Economy - IPv6.net. Investors are betting on Etsy, HomeAway ahead of a big sharing-economy IPO. As investors wait for some of the sharing-economy companies that have built massive valuations in private markets to go public, they are placing bets on companies such as home crafts retailer Etsy and vacation rental site HomeAway, smaller players that have already made the move. Investors are using such companies as a proxy for the big guns like ride-hailing company Uber and home-sharing company Airbnb, according to Sam Hamadeh, chief executive of PrivCo, a financial data provider that specializes in private companies. Analysts are expecting at least one large initial public offering from the sharing-economy sector to be completed this fall. Here's How We Could Raise The Dignity Of Workers In The Sharing Economy. Alex Depledge: A ‘luddite view’ of change is holding back the sharing economy.
As a flag-bearer for the industry who recently merged her business with German rival Helpling, it can safely assumed that Depledge knows what she’s talking about. Uk.businessinsider. Business travelers embrace the sharing economy. Rick Swope not only uses Uber regularly, but he encourages all 12 employees at his Florida engineering company to do so. "In my mind if you do not use a service such as Uber, you need serious help," he says.
Taxis and rental cars are quickly falling out of favor with business travelers, who are increasingly turning to the sharing economy to produce what they believe will be more reasonable expense reports. Three’s Company: Uber, De Blasio, and Yellow Cab. Affordable workspace London – Vrumi. The sharing economy, collaborative consumption, or peer-to-peer marketplace — however you wish to phrase it — is transforming and revolutionizing the way we relate to one another and the way we live, work and interact with our communities. By now, most of us are familiar with the main players, but did you know there are a steadily growing handful of unnoticed start-ups coming up and finding their way into the collaborative economy? Frommer's. Forget the sharing economy, we’re in the uncaring economy.
Regulating work in the ‘gig economy’ The non-virtual elephant in Paul Mason’s postcapitalist sharing-economy room. The Sharing Economy's Increasingly Exposed Liabilities And Hidden Assets. Uk.businessinsider. Americans need a new social contract for the sharing economy. Let’s face it: Uber IS the sharing economy. How to Give up the I-Word, Pt. 1. See Ya Later, Capitalism — the Collaborative Economy Is Taking Over — Backchannel. “Sharing,” or “Gig,” Economy Catching Flak From Democrats. Important behaviors for the sharing economy - Maria Paula Oliveira. Trust Debt Is The New Challenge For Digital Marketplaces. It's Beginning: Onefinestay Pilot With Hyatt Highlights Sharing Economy Collaboration To Come. 3 reasons to cheer Uber and the sharing economy.
The Collaborative Economy and the Postcapitalist Dream. Shared Economy: Sharing is Caring and Profitable! Don't believe the hype, the 'sharing economy' masks a failing economy. WiFi Sharing Economy. Defining ‘Employee’ in the Gig Economy. Policy Challenges and Economic Opportunities in the Sharing Economy — On Demand.
Why Social Media Is Necessary For The Sharing Economy. Watch out sharing economy, the feds are watching this whole contractor thing. Regulating work in the ‘gig economy’ Sharing Economy Companies Sharing the Heat In Contractor Controversy. A Sharing Economy Star Shuts Down as Labor Issues Simmer. Resilience Is Futile: How Well-Meaning Nonprofits Perpetuate Poverty. Defining The Sharing Economy: What Is Collaborative Consumption. Airbnb and the Internet Revolution. The end of capitalism has begun. Why You Should Start a Company in Uberville.
What will the "sharing economy" mean for health care? What I heard from Hillary about the sharing economy. The Uber economy worries Hillary Clinton a little. Regolamentare il social eating? Se manca la normativa, ci pensa Gnammo. Hillary Clinton Plans To Cite Uber’s Contractor Economy For Dampening Wages. The innovators: Nimber delivers latest development in the sharing economy. The Sharing Economy: Not What You Think It Is. Hillary Clinton to tout profit sharing as a way to reduce income disparity. “Sales as a service” – the sharing economy and business? Sharing economy: Will hotels and taxis die? - Marko's Blog. Airbnb brings sharing economy under the microscope.
The sharing economy – sizing the revenue opportunity. In the Sharing Economy, Could Reputation Replace Regulation? The Sharing Economy: A Return, Not A Departure. Is The Sharing Economy Enslaving Or Liberating Mankind? 07/10/2015. How the sharing economy is transforming how we do business. Sharing Economy Is Transforming Capitalism. The Rise Of The Gig Worker In The Sharing Economy. Basta auto di proprietà, solo Uber e Lyft. La profezia della sharing economy nega il sogno americano. PersonalHeroes Wants To Bring A Kindness Score To The Sharing Economy. Resisting the "sharing" economy. Exclusive Interview: Yard Club Uses the Sharing Economy to Move B2B Forward - TechDrive - The Latest In Tech & Transport.
Let’s face it: Uber IS the sharing economy. Successfully Adapt Your Company for the Sharing Economy. 7 ways to manage a dispersed sharing economy workforce. On why Europe hates the sharing economy so much while EU consumers love it (especially Italians) — On Demand. Writing the Laws of The Sharing Economy. Federabitazione, 'sharing economy' a misura di condominio - Adn-kronos. Inventory Software for a Sharing Economy - IntelliTrack Software. GoGoBus, Dopo l’Auto anche il Bus è Sharing. Anti-Airbnb ad accuses company of making the rich richer. WeWork in Boxes. Let’s face it: Uber IS the sharing economy.
PersonalHeroes Wants To Bring A Kindness Score To The Sharing Economy. The "Sharing Economy" is the Problem. Could Creating A New Class Of Worker Solve The Sharing Economy's Labor Problems? La grande trasformazione del lavoro - ilSole24ORE. 5 Sharing Economy Services You Might Have Missed. The "Sharing Economy" is the Problem. The rise of the 'peer-to-business-to-peer' marketplace.