Summary: | Fast evolving cloud-computing platforms that enable new business models, combined with a rapid
uptake in digital technologies by consumers and a change in consumer behavior and preferences
have enabled the emergence of a so-called ‘sharing economy’. With new start-ups offering all
kinds of services springing up every day, there was soon talk of the ‘Uber of everything’ or ‘the
uberification of the service economy.’ But these technology enabled business models
also raise a number of questions, such as what are we really sharing in the ‘sharing’ economy, who
participates in it, who benefits from it, what are the barriers and the risks, and does it offer growth
opportunities for developing countries?
|