Home swaps, driving your neighbour’s car, private car parking in your drive, even renting your neighbour’s clothes. They are all part of a new style of collaborative enterprise in which nearly everyone can join and (maybe) make money: the ‘shared economy’.
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
Author Rachel Botsman, one of the preeminent writers on the sharing economy, shared this vision in a 2012 TEDGlobal talk. “It’s only a matter of time before we’ll be able to perform a Facebook- or Google-like search and see a complete picture of someone’s behaviors in different contexts over time,” she said.
“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.
This could be as big as the Industrial Revolution in the way we think about ownership,” says Botsman