An Animated Overview of the Sharing Economy



meet Fred he's the mayor and he's seeing all of these changes take place around him people are using their phones to find a ride folks are renting out their homes online he's been hearing about the sharing economy and wondering what's happening in his city so Fred's a baby boomer when he was growing up after World War two his family like many families moved away from the city out to the suburbs they bought their own house a car a couple of bikes maybe a dog or a cat and when Fred grew up his family did the same thing the need to own everything created an economy that produced more and more stuff as well as a lot of waste not only physical waste but also wasted resources his car for example when unused 95 of the time and in his home 80 percent of the things were used less than once a month but now everything is changing you see Fred's kids are Millennials they've just surpassed baby boomers to become the largest generation in American history and they've all been moving back to the cities in the past five years the growth the city is caught up to the growth of suburbs the first times in the 1920s but there are only so many houses and cars that can fit in a city and this is where the sharing economy comes in we now have these powerful computers smart phones in our hands and we're always connected to everyone as a consumer you can get a car to pick you up with the touch of a button and if you have an asset to share like a spare room you can make some extra money the nature of work in this economy is changing too people are more likely to change jobs or work several gigs right now one in every three working American is a freelancer the sharing economy helps out here by providing flexible work like using your car to drive people around between jobs or selling homemade goods online to supplement income we are finally able to share instead of home and this actually reflects new values more than three out of four Millennials would rather pay for a service experience or event over owning something a sharing economy has emerged because a lot of people need it and want it it reflects changes in how we live how we work and our values like how we take care of our plant but don't think it's just about sharing houses or cars people are finding new ways to share data and electricity even home-cooked meals and pets right now 2.5 million Americans earn money through the sharing economy that's roughly the same as the number of teachers and staff working in public schools this new sector is projected increasing global revenues from roughly fifteen billion dollars today to around three hundred thirty-five billion by 2025 cities are already experiencing a lot of demand for sharing economy services and as a result they're also confronting a new set of problems old industries are being disrupted and it's no surprise that a few bad apples try to take advantage of new system like any big transition to a new way of doing things we are at a moment when we need new set of rules people who understand the sharing economy need to work with people like Fred who know how cities run so that together will be create sharing economy that works for everyone you




Comments
  1. Tell you what. You with your little kids wait outside in the 20 below for a ricin sarin rapist measles violent leprosy train and buses. You are the problem. Sharing economy is not new it's CALLED COMMUNISM. AND THAT ALWAYS WENT TO MASS MURDER. Agenda 21 don't be fooled sheep.

  2. If this were an age of prosperity, and the sharing economy were purely by choice, it would be great. But we're not, and you're glossing over the fact that most people are forced into these situations. Gig work because they can't find permanent full time work. Supplementing income because they aren't being paid a living wage. Renting out a bedroom because they can't afford their housing. Uber because they can't afford to buy and maintain a vehicle. History tells us why people swarm to cities, and it's not strictly because they want to.

  3. Nothing wrong with sharing/pooling resources, people have done this throughout history among themselves, however if this requires money then "Sharing economy" can be exploitative to their volunteers, or workers and the present system. Many workers have to work several jobs in this economy to make enough to survive. This can cost you more when you have to pay more taxes to support these businesses.
    Not relying on your tax money, money from government- funded charity organization and money donation from people is the real sustainable movement: unlike some of these models under "sharing economy" that rent something in exchange for your money is just another profitable form of capitalism in disguise. Do some research on who they took from to start their company before your support. This can cost you when you have to pay more taxes to support these businesses.

  4. Share economy brings poverty just ask what UBER did to the public transportation in San francisco and airbnb to the hotel industry also in San Francisco. Them two together have put lots of people out of work.

  5. To me this sharing economy feels like an illusion, if all the shared objects were co-owned and the apps would take little percentage of each transaction, then yes i would agree with the term sharing economy, but the way it´s being implemented is in a parasitic economy, apps leaching off people, claiming that this is some innovation, but better pricing comes due to people working for free, not calculating total car cost, there is a reason why a hotel room costs x amount, and a Taxi costs certain amount. There are fees, taxes, social security and many other things that add on. Misusing the desperate soul who really needs the extra income and sharing his stuff with others, but the apps do not share the profit…it is hard to see the innovation.

  6. So the 'sharing economy' is basically just an euphimism for millenials to grow up under vastly inferior financial frame conditions than their baby boomer parents, whon indebted the country.

  7. This video is a prime example of pushing one of the many portions of the depopulation agenda under agenda21/2030, used under the guise of sustainable development. Shame on you!

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