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The Sharing Economy

Group G

Jan Fuller

Jeffrey Klingensmith

Alissa Ovalle

Brian Kay

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The Sharing Economy

peer-to-peer, mesh, or collaborative economy

collaborative consumption

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a socio-economic system built around the sharing of human and physical resources

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includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations.

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Why do people share?

Maslow’s Hierarchy of Needs

A large part of what compels people to share can be brought back to Maslow’s hierarchy of needs. If our most basic of needs are satisfied we will start to satisfy the higher levels within the hierarchy. In every level of the hierarchy, even the beginning our communication with one another has help us, the human race, survive. Communication and sharing has been apart of our evolution development!

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What do these have in common?

Gin Sitcoms LOLcats!

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Social/Cognitive Surplus

Free time that the change of society has allowed, but people didn’t know what to really do with. So in the 1700’s they drank gin, in the 20th century they watched sitcoms, and today the many, many LOLcats! But what if we put all that time to uses towards something great!

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Clay Shirky

says, “And it’s only now, as we are waking up from that collective bender, that we’re starting to see the cognitive surplus as an asset rather than a crisis. We’re are seeing things being designed to take advantage of that surplus,...”

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Clay Shirky: Gin, TV, and Cognitive Surplus

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The Story of Stuff

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The Sharing Economy

Social lending

Peer-to-peer accommodation

Peer-to-peer travel experiences

Peer-to-peer task assignments or travel advising

Car sharing or commute-bus sharing

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These ideas are all good and fun, but where is the money?

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Examples

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Lets use a real life example

About how much do you think the average person drives per month? (In miles)

About how much do you think that costs?

(This includes gas, wear and tear on tires etc.)

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Cars for all

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Can anyone guess about how much it costs?

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Mi Casa es su Casa

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A Community Built on Sharing

Airbnb began in 2008 when two designers who had space to share hosted three travelers looking for a place to stay. Now, millions of hosts and travelers choose to create a free Airbnb account so they can list their space and book unique accommodations anywhere in the world.

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Average cost of a hotel in NYC? Average cost to AirBnb an apartment in NYC

$245 $180

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The more people get together the happier we’ll all be!

Kickstarter is a global crowdfunding platform based in the United States. The company's stated mission is to help bring creative projects to life.

Patreon, based in San Francisco, is a crowdfunding platform. It allows artists to obtain funding from patrons on a recurring basis or per artwork.

Fiverr is a global online marketplace and services commerce business, offering tasks and services, beginning at a cost of $5 per job performed, from which it gets its name.

oDesk is a global online work platform and services commerce business where businesses and independent professionals connect and collaborate remotely.

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TrueCar has got the idea!

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Now to you….

Has anyone used any one of these companies that specialize in the sharing economy?

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Collaborative Consumption

Coined by Marcus Felson and Joe L. Spaeth

Product Service Systems

based on users paying for benefits of using product without ownership of product

paying to borrow a drill, Redbox, gown and suit rentals

Redistribution Markets

used or pre-owned goods being sold to those who want them

Ebay, Etsy, Craigslist, Tradepad

Collaborative Lifestyles

people with similar needs banding together to share and exchange less-tangible assets such as time, space, skills, and money

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Donald Knuth

“People think that computer science is the art of geniuses but the actual reality is the opposite, just many people doing things that built on each other, like a wall of mini stones.”

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Wow that’s a lot of Tv watching!

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What he just said.

98 million hours of human thought

Wikipedia in it’s entirety

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In the U.S., we spend 98 million hours every weekend just watching T.V. ads

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That makes me think!

What could we accomplish if we all put our social/cognitive surplus time together?

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Goodwill

Is a sharing economy based company, that does lots of good work helping out the needed and disabled.

Clothes with stains and holes don’t get throw away, they get sent to third world countries.

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Collaboration

Flickr turned over the ability to the user to classify the photo’s instead of hiring someone

coordination problem overcome

cooperative infrastructure

shredding institutional cost

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Free Education Education

TED talks is a free way to learn and its visual like tv.

Podcast of classes

W3schools is free too!

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What if we had a sharing pantry?

The idea of borrowing a ladder from your neighbour, who then pops round for a cup of sugar the next day, is not new.

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Can you think of something that you have bought and only needed it for one or two things and then it just sits in your garage or apartment taking up space?

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We grow up being told to share!-)

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Eight of the best sharing companies

according to The Guardian, winner of a pulitzer prize

Vinted.com allows users to sell or swap pre-loved clothing, and aims "to make secondhand clothing the best and easiest choice." Although Vinted takes a fee when items are sold, users can swap items at no cost.

Spinlister Fairweather skiers, surfers and cyclists can use Spinlister to rent out their equipment.

LeftoverSwap If you've overestimated appetites at your last social gathering and can't stomach the thought of eating bean salad for the next fortnight - or throwing it in the bin - LeftoverSwap can help. Take a picture of your offerings and arrange for pick up or delivery.

Parkatmyhouse Users can rent out their private parking spots to those looking to avoid exorbitant parking fees.

RelayRides allows car owners to rent out their under-used vehicles. Renters can find a vehicle that's close to where they live, instead of trekking out to a rental lot, and can rest easy safety wise, as insurance is provided by RelayRides.

BlaBla car A ride-sharing service based in the UK.

DogVacay sitters take care of your dog in their own home. A feature of the service is daily photo updates of your dog enjoying its vacation, and of course, peace of mind that it is well looked after.

Streetbank allows neighbours to share with each other. According to its website there are currently 40,683 neighbours sharing 51,338 things - everything from tools and instruments, to sofa beds and skills. The aim is to build a sense of community through lending and it's free to join.

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Can we eliminate world hunger and poverty? I believe we could!

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And to finish it off!

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Sources:

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Sources: