28 Sep The Technology behind the Shared Economy
Parents measure their infants’ growth in little victories. The upgrade from liquid to solid
foods is one accomplishment. That discernable first word is always a crowd pleaser,
whether it’s “mama,” “dada,” “yes,” “no,” “please,” or “teacups.” That first rollover, and
that first crawl, and that first step are worth celebrating, and potty-training is an absolute
triumph! But there’s another lesson every one of every age must learn to function in any
society. You have to learn to share!
While children get the idea to share their cookies after watching Sesame Street, tech-
savvy adults are checking out new apps that help them share their lawn equipment,
their cars, and even their houses! This trend is known as the “sharing economy” or
“collaborative consumption.” Because of modern mobile apps that connect peers to
each other, this revolution of lending, renting and borrowing is gradually replacing
traditional buying and owning.
You can add “shared economy” to the list of reasons why you’re thankful for technology!
If you’re interested in getting involved in or finding out more about this business
concept, download these apps on your mobile phone:
Sidecar, Uber and Lyft are ridesharing apps. They connect you with independent
drivers who use their own cars, which means that they charge less than a cab, and give
you the option to know how much the trip will cost before you take it.
Yerdle and Spinlister are like second-hand stores that accept IOUs instead of cash.
Rather than buying new toys, skis, bikes, or camping gear you’ll rarely use, you can
borrow or make a trade.
Explore these apps and more to see what you can borrow today. And don’t forget to
share your cookies!