Sharing isn't new. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper club - these are not revolutionary concepts. What is new in the "sharing economy" is that you are not helping a friend for free; you are providing these services to a stranger for money.
In this book, Arun Sundararajan, an expert on the sharing economy, explains the transition to what he describes as "crowd-based capitalism" - a new way of organizing economic activity that may supplant the traditional corporate-centered model. As peer-to-peer commercial exchange blurs the lines between the personal and the professional, how will the economy, government regulation, what it means to have a job, and our social fabric be affected?
Drawing on extensive research and numerous real-world examples, Sundararajan explains the basics of crowd-based capitalism. He describes the intriguing mix of "gift" and "market" in its transactions, demystifies emerging blockchain technologies, and clarifies the dizzying array of emerging on-demand platforms. He then considers how this new paradigm changes economic growth and the future of work.
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A Game of Sounding Informed vs. Being Informed!
This author is really playing a game of 'sounding informed." He may fool some people here with his adequate use of business pressure points like referencing "Harvard," but the author is actually NOT truly informed on anything he's discussing. It's all a lot of generalizations and recycled business ideas presented with the hope to fool the reader into thinking their actually learning something here about the so-called 'sharing economy.'
The author is trying really hard to 'sound smart' and 'sound informed' when, after thinking about what he's actually saying, you quickly realize it's all generalizations and nonsense talk.
The author needs to actually become an expert in something specific, which is harder than it seems. Anyone can research Wikipedia and regurgitate the data in a book, but the real task is to actually gain a command and expertise of a subject. This author lacks any real expertise in business.
Relevant & engaging
- M Petrova