What do terms like “peer economy,” “collaborative economy,” and “collaborative consumption” mean and can they be used synonymously? Rachel provides some clarity on these definitions.
What's mine is yours
A ground-breaking book, What’s Mine is Yours defines the theory of "collaborative consumption," and explains how it is transforming the traditional landscape of business and society. It charts the rise of leading companies such as Airbnb, LendingClub and RelayRides that uses digital technologies to enable the sharing and exchange of all kinds of assets from spaces to skills to 'stuff' in ways that represent a new era of trust. Buy the book
This TED talk explores how trust is shifting away from institutions towards a distributed model, into the hands of all of us. While trust in banks, governments and even the church is collapsing all around us, technology is enabling trust between people who have never met before. And that’s revolutionary. More
Rachel explains that reputation capital will lead to an economy that is incredibly empowering, taking us away from a financial world based largely on faceless transactions and moving us to an age built on humanness.
Filmed at Wired Money
This diagram shows collaborative consumption systems, principles and drivers.
Rachel discusses the importance of online reputation in peer-to-peer marketplaces and how reputation data becomes the window into whether we can be trusted or not.
Rachel explains the real magic, that makes companies like Airbnb and Taskrabbit work – the power of technology to build trust between strangers and create what she calls ‘reputation capital’.
Filmed at TED Global
This infographic charts the rise of collaborative consumption: the rapid explosion in traditional sharing, bartering, lending, trading, renting, gifting, and swapping redefined through technology and peer communities.
A graphic showing the car sharing landscape when it was mapped out in 2011. This is the joint work of Collaborative Fund and Hyperakt. “The Bright Future of Car Sharing” explores car sharing and its impact around the world.
Rachel says that if the 20th century was defined by hyper consumption, the 21st century will be defined by collaborative consumption. She describes collaborative consumption to be about “reputation, community and shared access” as opposed to “credit, advertising and individual ownership”.
Filmed at Wired
This article is adapted from the book “What’s Mine Is Yours: The Rise of Collaborative Consumption”. It describes the three systems collaborative consumption companies can be organized into: product service systems, redistribution markets and collaborative lifestyles.
A ‘Big Shift’ from the 20th century, a time defined by hyper-consumption, to a 21st century age of Collaborative Consumption, is underway.
Rachel explores how online communities created around sharing cars, goods and short-term accommodation is changing human behavior.
Filmed at TEDxSydney