(The) Sharing (Economy) Is Caring

on Monday, Aug. 5th

Interesting piece up from James Silver of The Observer on the sharing economy. He looks at AirBnB, TaskRabbit, BlaBlaCar and the world's largest Wi-Fi provider: Fon.

Today, it has been argued that the sharing economy – which is perhaps best defined as a way of sweating underutilized assets, by building communities around them and turning consumers into providers – has the potential to reboot businesses across most economic categories. Indeed, Forbes magazine recently estimated that total revenues for the sector could top $3.5bn this year, with growth exceeding 25%.

I'm not entirely sure if I'd classify TaskRabbit as part of the sharing economy, but that's just me. Help make up your mind by listening to this piece by Turnstyle's Nishat Kurwa.

Follow Noah Nelson on Twitter (@noahjnelson)

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