Tag: sharing economy

Impact Lab > sharing economy
Coronavirus, Economy, Science & Technology News, Transportation, Uber

The results are in for the sharing economy. They are ugly

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An Uber ride in Brooklyn last month. The ride-hailing company’s business collapsed in March as shelter-in-place orders spread through Europe and the United States.

 Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That’s a problem when much of the world is staying home.

OAKLAND, Calif. — The coronavirus pandemic has gutted the so-called sharing economy. Its most valuable companies, which started the year by promising that they would soon become profitable, now say consumer demand has all but vanished.

It is not likely to return anytime soon.

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Analysis, Business, Economy, Latest Trend, Science & Technology News

What sharing-economy startups know that you don’t

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What goes on behind the scenes that the general public or entrepreneurs don’t see?

Whatever you want to call “the sharing economy” or “marketplace startups,” peer-to-peer marketplaces continue to gain popularity, with a flurry of startups growing rapidly to keep up with all of this “on-demand” demand.

 

 

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Analysis, Business, Economy, Latest Trend, Science & Technology News

The ‘sharing economy’ – sharing isn’t free and price gouging isn’t mean

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Uber implements “dynamic pricing,” which some customers see as price gouging.

There is plenty of press these days on the pros and cons of the so-called “sharing economy.”  Consider the diverse takes last week from MIT Technology Review, the New York Times, and the Kansas City Star.

 

 

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Analysis, Business, Economy, Historical Perspectives, Latest Trend, People Making a Difference, Science & Technology News

The Disruptive Nature of the Sharing Economy: Finding the Next Great Opportunities

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Futurist Thomas Frey: Many of us suffer from a sinister and often contagious disorder, something I call just-in-case disease.

We own toolboxes full of tools, just in case we need to fix something. We have kitchens full of appliances just in case we want to prepare a meal. We have cars in our garages just in case we need to go somewhere. We even have closets full of clothes we know we’ll never wear just in case we get desperate.

 

 

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Analysis, Business, Economy, Latest Trend, Science & Technology News

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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Analysis, New Viewpoints, Science & Technology News

Top 5 expert predictions on the next big thing in technology

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What will the next big thing in technology be? Depends on who you ask.  At Bloomberg’s Next Big Thing conference in Half Moon Bay, California, a number of industry thinkers and innovators did some crystal ball-gazing.

Here’s a round-up of some of their more interesting predictions.

 

 

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Analysis, Business, Economy, Latest Trend

The ‘sharing economy’ is the next big thing

The Avis acquisition of Zipcar suggests that the sharing economy has come of age.

Revolution made their first bet on the concept of sharing nearly 10 years ago with their investments in Exclusive Resorts (2003) and Flexcar (2005).   The “sharing economy” now extends across multiple verticals – we’re sharing cars, movies, extra rooms in our homes, online lectures, and even our time.  Yesterday Avis Budget Group announced that they will acquire Zipcar which marks a significant milestone for the concept of collaborative consumption.

 

 

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