Brief talk given at the Asian Consortium, Innovation Tower, PolyU, Hong Kong, Sept 27, 2015, part of the 2nd Annual #10dayfest

1. Collaborative consumption: Is
this the future of retail?
@ewyleung, Gaifong App
Asian Consortium
Sept 27, 2015

2. Fast forward to 2020,
what do you see?

3. Driverless Cars

4. Delivery Drones

5. Nah...
Coal-fired Power Plants

6. Solar panels on every roof?
More likely!!!

7. I also see this:
Online libraries of everything, accessible
at your fingertips

8. Alex McKayʼs Story from 2050:
From the book The World We Made, J. Porritt
“By the early 2020s... personal ownership
became much less important, while renting,
sharing, swapping and bartering became the
new norm... It was referred to as 'collaborative
consumption' back then.”

9. From the consumer perspective
Hi, this is Bob
100
1,000
Before:
10 people each own $100
worth of goods
After:
10 people each consume
$1,000 worth of goods

10. Hi, this is Bob
$1,000,000 worth of goods
... and it’s really scalable
in 200m radius alone:

11. Weʼre accelerating the future.
Starting here in Hong Kong

12. A Digital Library of Goods
MAR 19, 2015
NOV 21, 2014

13. •2,000 + items
•5,000 + community members
•Growing 50% m/m

14. •Home & DIY
•Outdoors & Leisure
•Clothing and Accessories
•Baby/Children Accessories
•Music scores and instruments

15. How to get from 2015 to 2020?

16. Hurdle #1
Conspicuous
Consumption
since 1899...

17. Hurdle #2
Ownership and responsibility
misaligned

18. LETʼS TALK!Transaction costs need to
asymptote to zero
Hurdle #3

19. FROM HONG KONG TO THE WORLD
Elliot Leung
http://gaifongapp.com
LETʼS CHAT!
Photo Credits: Potaihse CC 2.0 Mercedes-Benz, Shutterstock, Mario Goebbels CC 2.0, Minoru Karamatsu CC 2.0
NeighborGoods, Lee See-Ming CC 2.0, Hernán Piñera CC 2.0, The Guardian Apr 2015, Nana B. Agyei, CC 2.0