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Here's Why Liberals and Conservatives Both Love and Loathe the Sharing Economy

INSIGHTS
COLLABORATIVE ECONOMY

Jeremiah Owyang, founder of Crowd Companies states, "The “sharing economy” is emerging as one of the most important entrepreneurship phenomena for 2015 and beyond. In this burgeoning economic model, individuals use common technologies to obtain resources from their peers, such as the use of homes, cars, money and other goods and services."

In this article, Jeremiah says there is something for everyone in the sharing economy.

We agree and here's why:

  • More jobs means more money to spend
This new economy empowers entrepreneurs, freelancers and even small businesses to reinvent what it looks like to be employed. This creates more jobs and more money spent in your neighborhood.
  • Access for one, dollar signs to another
Whether it's renting to access a high-end car on Getaround or listing your yacht on Boatbound, both sides of these type of marketplaces are gaining something by participating. 
  • It's only up from here
Airbnb and Uber are paving the way by pushing for new laws that are opening doors for all the other marketplaces. Roadblocks are being lifted.

Sure, there's controversy in the media about the sharing economy, but from the looks of it, these are growing pains that will have a positive impact in the future of our economy. 

Here's Why Liberals and Conservatives Both Love and Loathe the Sharing Economy

wsjJeremiah Owyang, founder of Crowd Companies states, "The “sharing economy” is emerging as one of the most important entrepreneurship phenomena for 2015 and beyond. In this burgeoning economic model, individuals use common technologies to obtain resources from their peers, such as the use of homes, cars, money and other goods and services."

In this article, Jeremiah says there is something for everyone in the sharing economy.

We agree and here's why:

  • More jobs means more money to spend
This new economy empowers entrepreneurs, freelancers and even small businesses to reinvent what it looks like to be employed. This creates more jobs and more money spent in your neighborhood.
  • Access for one, dollar signs to another
Whether it's renting to access a high-end car on Getaround or listing your yacht on Boatbound, both sides of these type of marketplaces are gaining something by participating. 
  • It's only up from here
Airbnb and Uber are paving the way by pushing for new laws that are opening doors for all the other marketplaces. Roadblocks are being lifted.

Sure, there's controversy in the media about the sharing economy, but from the looks of it, these are growing pains that will have a positive impact in the future of our economy. 

Read more from Jeremiah Owyang in his article at WSJ Blogs

 

 

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