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What’s Next for the Sharing Economy?
Video

What’s Next for the Sharing Economy?


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Editorial Rating

6

Qualities

  • Overview
  • Background
  • For Beginners

Recommendation

The World Economic Forum has compiled a video montage that offers a useful overview of the sharing economy. Though the finished product lacks cohesion and depth, it raises some striking issues, such as China’s early success with the sharing economy and the unsolved issue of regulation.  getAbstract recommends this video to anyone seeking an overview of the social change that the sharing economy can effect.

Take-Aways

  • The sharing economy is disrupting the global economy, and it may augur the end of capitalism as we know it.
  • The paradigm’s central principle is one of “economic efficiency.” It allows people to unlock the value embedded in their physical assets via “networks and marketplaces.”
  • No country has yet perfected a regulatory approach to the sharing economy.

About the Speakers

Yochai Benkler is a professor at Harvard Law School. Jeremy Rifkin is an economist. Carlo Ratti is the director of the MIT Senseable City Lab. Rachel Botsman is a lecturer at Oxford University’s Saïd Business School.