THE SHARING ECONOMY:
Implications for Ridesharing
Parts of this slideshow were taken from a presentation
SHARED on SlideShare
by Loic Le Meur
Founder, LEWEB
Other parts adapted from
these books:
Our Premise
“What can we learn from
the sharing economy
that can make
ridesharing more successful?”
The Sharing Economy
aka
Collaborative Consumption
You’ve been a part of it
ALL YOUR LIFE
Borrowing,
not owning,
books
Credit: Jeremy Noble, uberculture (from Flickr)
But now the
sharing economy
is experiencing
phenomenal
growth
40,000 people per day
30,000 cities
192 countries
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MILLIONS
CUMULATIVE ORIGINATIONS
$320 million pledged by
2.2 million people on
18,000 projects
2011: Kickstarter hit 1
million backers
25,000 fans donated $1.2M
on Kickstarter to finance
Amanda Palmer’s new
album
767,000+ members
Largest Community
Garden on the Planet
25 million square feet
Bike sharing
Land sharing
iRent2 You
SolarCity
UsedCardboardBoxes.com
FreeCycle
ThredUp
Flickr
Zopa on-line loans
RenttheRunway.com
SkillShare
. . .
Wikipedia
CouchSurfing.com
SwapTree
And more and more . . .
Could the sharing
economy be a fad?
52%
of Americans have rented, borrowed, or
leased the kinds of items that people
usually own in the past two years.
Source: Study Sunrun - Feb 2013
83%
said they would share these items if they
"could do so easily."
Source: Study Sunrun - Feb 2013
"We’ve always been in a culture where
more is more, and suddenly we’re in a
culture where less is a better quality of
life. It’s pretty revolutionary."
Bill Stewart, VP of customer care at Sunrun
Look at the large
companies embracing
the «collective»
Red Bull Collective Art, in partnership with Adobe
Adobe invited artists from 85
countries to create Red Bull Collective
Art, w/multiple pieces of art making
one collective piece
During the 2012 election, Obama crowdsourced
poster design ideas promoting jobs in America
Coca Cola running crowdsourcing design and brand ideas
Coca-Cola used
crowdsourcing for
branding
ideas, crowdsourcing
marketing, video ideas
(>3,600 submissions).
Photo Credit: NNECAPA/Flickr
Same-day delivery: Some WalMart
shoppers can receive a discount
on their shopping when they drop
off packages for people who live
nearby
Why sharing?
#1 Recession
Photo Credit: Ed Yourdon/Flickr
#2 Too much waste
Great Pacific Garbage Patch
Photo Credit: plasticparadisemovie.com
#3 Too much stuff we
don’t use
Photo Credit: K2D2vaca/Flickr
Black Friday video
Self Storage is a
$22 billion industry
Larger than
box office
sales
There is always
something
better
There is always
something
BIGGER
There is always
something
faster
The more we have
The more we want
but now, people want
something different
Collaborative
consumption can
power a social
revolution
We’re moving toward more
people-2-people
sharing
Less materialism
More communityCost savings
Maximum, convenient usability
Sharing
Economy
The Sharing Economy is at the intersection of these popular desires:
People are moving from isolation . . .
. . . where
75% of us
do not
know our
next-door
neighbors
. . . and where we own everything we need
and
Self-sufficiency
Rules
to Collaborative Consumption
where people can share resources
without forfeiting cherished personal freedoms
or
sacrificing their lifestyle,
opening them up to innate behavior that makes it
fun and second nature to
Rachel Botsman, in “What’s mine is yours”
Share
Rachel Botsman, in “What’s mine is yours”
Replace consumerism with
peer-to-peer sharing
The current system centralizes
production, wealth, and control
Industrial Economy
Credit: Douglas Atkin
Now we have an alternative: peer sharing
Sharing Economy
Credit: Douglas Atkin
An entire new
generation is growing
up with new values
They believe in
authenticity
They believe in
sustainability
They believe
doing well is doing good
They believe in
community sharing
They believe in
creating together
They believe in
crowdfunding
They believe that
greed is BAD, money is OK
They want to live with
less
They want to live with
lessMUCH
“this stuff ended up
running my life,
the things I consumed
ended up consuming me”
Photo Credit: Maxwell Holyoke-Hirsch http://www.nytimes.com/2013/03/10/opinion/sunday/living-with-less-a-lot-less.html
Graham
Hill
“Advertising has us chasing cars
and clothes, working jobs we hate
so we can buy stuff we don't need”
Rachel Botsman, in “What’s mine is yours”
• Technology enables this growth . . .
. . . and then stays
out of the way of the users
SO . . .
What are the principles of
collaborative consumption that we
can adapt to ridesharing?
4 core principles of community
Connections are optional –always Connections are non-threatening
Connections can foster community Connections lead to shared costs


❷ ❶ or
4 core principles of accessibility
Access can happen quickly Access is convenient
Access facilitated via technology Access is secure
! EASY !
Together we can
REDESIGN
Rethink
Tweak
Ridesharing
To have less of this
Tweak
And more of this
Image created by Washington State DOT
Presentation created by
Amy Conrick
Community Transportation
Association of America
July 2013

Sharing economy: Implications for Ridesharing

Editor's Notes

  • #13 25,000 fans donated $1.2M on kickstarter to finance her next albumhttp://www.wired.com/underwire/2013/03/amanda-palmer-2/http://www.nytimes.com/2012/06/06/arts/music/amanda-palmer-takes-connecting-with-her-fans-to-a-new-level.html?pagewanted=all&_r=0
  • #51 Distorted investment priorities, as wealth gets directed into what will earn the largest profit and not into what most people really need (so public health, public education, and even dikes for periodically swollen rivers receive little attention);Worsening exploitation of workers, since the harder, faster, and longer people work—just as the less they get paid—the more profit is earned by their employer (with this incentive and driven by the competition, employers are forever finding new ways to intensify exploitation);Overproduction of goods, since workers as a class are never paid enough to buy back, in their role as consumers, the ever growing amount of goods that they produce (in the era of automation, computerization and robotization, the gap between what workers produce—and can produce—and what their low wage allows them to consume has increased enormously);Unused industrial capacity (the mountain of unsold goods has resulted in a large percentage of machinery of all kinds lying idle, while many pressing needs—but needs that the people who have them can't pay for—go unmet);Growing unemployment (machines and raw materials are available, but using them to satisfy the needs of the people who don't have the money to pay for what could be made would not make profits for those who own the machines and raw materials—and in a market economy profits are what matters);Growing social and economic inequality (the rich get richer and everyone else gets poorer, many absolutely and the rest in relation to the rapidly growing wealth of the rich);The same market experiences develop a set of anti-social attitudes and emotions (people become egotistical, concerned only with themselves. "Me first", "anything for money", "winning in competition no matter what the human costs" become what drives them in all areas of life. They also become very anxious and economically insecure, afraid of losing their job, their home, their sale, etc.; and they worry about money all the time. In this situation, feelings as well as ideas of cooperation and mutual concern are seriously weakened, where they don't disappear altogether, for in a market economy it is against one's personal interest to cooperate with others);Worsening ecological degradation (since any effort to improve the quality of the air and of the water costs the owners of industry money and reduces profits, our natural home becomes increasingly unlivable);
  • #52 An individual with no specialized skills should be able to make an average of $41,000 per year in the SERead more at http://venturebeat.com/2013/01/21/will-you-leave-your-job-to-join-the-sharing-economy/#eBwU2PvBIYBJEa57.99Sabrina Hernandez, 23, used to work at Starbucks, but she isn’t going back after averaging $1,200 a month this fall hosting strangers’ dogs in her apartment through website DogVacay. “It’s so much more rewarding than working in a customer-service setting.”Airbnb commissioned a study of its economic impact on San Francisco last year and found a “spillover effect.” Because an Airbnb rental tends to be cheaper than a hotel, people stay longer and spent $1,100 in the city, compared with $840 for hotel guests; 14% of their customers said they would not have visited the city at all without Airbnb.Today, City CarShare members save an average of more than $8,000 per year compared with the costs of private car ownership. Studies have shown, for example, that for every reduction of 15,000 owned cars, a city keeps $127 million in the local economy as people are able to get what they need within a smaller geographic area.