: to have or use (something) with others
of two or more people : to divide (something) into parts and each take or use a part
According to Chamath Palihapitiya, a Canadian venture capitalist in his mid-30’s who has lived in Silicon Valley since 2000, “It’s not the sharing economy,” Palihapitiya insists, “that’s a bunch of San Francisco bullshit. What we’re doing is rebuilding fundamental human rights.”
Palihapitiya’s net worth is estimated to be over $1 billion and he’s considered one of the valley’s most innovative thinkers. For him, transportation and housing are fundamental human rights, and for too long consumers have been prevented from fully exercising those rights by government regulations designed to protect the status quo. But the success of Airbnb and Uber has changed the equation.
“There used to be sort of a very arbitrary notion that Silicon Valley should never challenge anything that involves regulation,” Palihapitiya explained in an interview in the office of one of his San Francisco based startups.
“And as a result, none of us would spend any time in places like health care or education or financial services or transportation or housing. But Uber and Airbnb challenged these historical assumptions and they are winning in a massive way. And so now everyone’s waking up and saying, ‘Well, if it works in transportation and it works in housing, why can’t it work in health care and education and financial services?’
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I think he’s got a point! Even though it’s not really sharing … there is no doubt it works and allows all of us to either make some extra income for a space, car etc .. that we are not using or save a bit of cash while on vacation and even “share” or trade our skills on the global market.
Just this year, myself and my husband both used Fiverr.com for designing logo’s. Five bucks can get you anything from graphic design, to models for your clothing line, film, video, radio ads and even a virtual assistant! I’ve also contributed to a crowd funding project on Kickstarter and bought a t-shirt on Teespring . Then while planning for a trip to Europe this spring, the first place we looked for accommodation was Airbnb, and guess what …. awesome choices at reasonable rates. I will definitely give a report post-trip. In the meantime, I discovered several acquaintances who are renting rooms is their own houses via Airbnb.