Why it’s time for the sharing economy to become the sharing society

The “sharing economy” is revolutionizing the way Americans think about ownership and commerce.

In New York City, you can rent a room on Airbnb, catch a ride with Uber, sell your old threads on Modabound, and leave your nine-month-old with a shared nanny. The “sharing economy” is revolutionizing the way Americans think about ownership and commerce. It’s also poised to make a handful of venture capitalists in Palo Alto and Tribeca very, very rich. Airbnb is estimated to be worth $2.5 billion. Uber’s valuation is rumored to be $3.5 billion.

 

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