This could be as big as the Industrial Revolution in the way we think about ownership,” says Botsman
In this Q&A with FastCompany, Rachel talks about technology's impact on trust and leadership. More
In this episode, TED speakers explore our relationship with trust. Speakers featured are Charles Hazlewood, Simon Sinek, Rachel Botsman and more. More
Can ICT change how we define value and interact with money? On The Money is the fourth documentary film in the Networked Society series. This time we look at money systems and how connectivity is creating a new game when it comes to trading — both in value and trust. We visit Uganda to find a nation where cash is no longer king. More
“Brands that aren’t thinking about the sharing economy are going to get left behind,” said Rachel Botsman .
The ‘sharing economy’ is seeing people share rooms, clothes, cars, and even pets as they find creative ways to make and save money, although critics warn that entire industries are being undermined. Watch video on ABC
What is the impact of the collaborative economy on how organisations build trusted brands?
“We have digitised books, pictures and music — next is digitising identity and reputation and this will fundamentally transform whom and how we trust,” says Rachel Botsman
“We’re experiencing a significant values shift,” according to collaborative consumption expert RachelBotsman,
“[Companies] don’t want to be like the music industry and look back in 10 years to realize they missed the boat,” said Rachel Botsman
“The story you read in the media — and often echoed by travel industry incumbents — is that it’s a Generation Y thing for price-sensitive travelers,” says Rachel Botsman
If you think of the industrial age, it has centralized power, it has centralized wealth, it has centralized production and it has centralized jobs. We’re now living in an age that I call distributed power, where power is moving to the edges, to networks, to individuals.
Rachel Botsman believes sharing is the new democracy. She tells Jasmine Gardner why she rents her baby kit, hasn’t owned a car for 14 years and teaches governments how to cut out middle men by shifting power to the people.
“Do we come full circle, where the middleman is the same institution we were trying to get away from?” says Rachel Botsman
Rachel Botsman is changing the way people think about what they consume.