Millions of people are earning money from sharing skills, rooms, cars & more. Rachel Botsman explains the implications.
In this interview, Rachel reveals what she thinks is the enemy of trust, and why the answer to our current trust deficit in society is accountability. More
Why is the 'trust shift' one of the biggest social transformations in human history? More
AMP spoke with Rachel to understand what makes ‘collaborative consumption’ different from older economic models.
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
Disruptive, brazen, and overall brilliant, the (possibly illegal) home-sharing empire has become the biggest lodging provider on Earth–earning it the title of Inc.’s 2014 Company of the Year. Rachel Botsman comments on why peer travel is the ‘new normal’.
Just as peer-to-peer businesses like eBay allow anyone to become a retailer, sharing sites let individuals act as an ad hoc taxi service, car-hire firm or boutique hotel as and when it suits them. The Economist Reports…
Julian Morrow and collaborative consumption expert Rachel Botsman examine the emerging industry of ‘Peer to Peer Finance’ which lets you borrow money securely from strangers instead of banks.
Capgemini Consulting spoke with Rachel to understand how companies should adapt their business models for this new collaborative economy.
“Collaborative economy is summarized in the axiom that-what’s mine is yours, in return for a small consideration” according to Rachel Botsman, author of “What’s Mine Is Yours: How Collaborative Consumption is Changing the Way We Live”
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.
“Virtual trust will transform the way we trust one another face to face,” says Rachel Botsman
Peer-to peer companies like Airbnb empower consumers to rewrite business models. Rachel Botsman, widely regarded as the thought leader behind the emerging collaborative economy, predicts that many more industries will face the same challenges now confronting the hotel industry, with financial services at the forefront.
“21st-century, new trust networks and the reputation capital they generate will reinvent the way we think about wealth…” argues Rachel Botsman