hey guys I'm bill from gcflearnfree.org
and today I want to talk about the
sharing economy now what do I mean by
that exactly
well the sharing economy is a general
term that's applied to a whole bunch of
different tools a really good example of
this is a bei eBay allows people to sell
items they no longer need and makes it
easy for other people to buy them eBay
acts as a go-between or middleman in
this situation they make it easier for
these people to find one another so the
sharing economy is based around this
idea and it takes it one step further
some really good examples of this
include over and lyft
these are smartphone apps that work
basically like a taxi service but there
are no actual taxi drivers involved on
the one hand you have someone who's
looking for a ride and on the other you
have someone with a car who's willing to
drive that person around for a set price
just like eBay uber and lyft act as a
go-between in this situation they make
it easy for these two different sides to
find each other and they handle all the
payment and transaction information
which means there's no reason to
exchange cash in person and they also
allow drivers and riders to review and
rank each other so you can see who's a
good driver and who's not another really
great example is Airbnb Airbnb works
basically the same way as uber and lyft
but instead of looking for a ride it's
people looking for a place to stay on
the one hand you have someone looking
for a place to stay and on the other you
have someone willing to rent out or
share their own home again Airbnb acts
as the go-between here they allow people
to find each other we reviews and they
handle all the transaction information
so as these services have become more
popular
they've also raised a number of legal
and safety issues and they're not to be
ignored for a lot of people I think it's
a question of how comfortable you are
staying in someone else's house or
riding in someone else's car
I mean it's fundamentally an issue of
trust right personally I know I felt the
same way before I used a service like
this and when I first got started I took
a lot of time reading reviews really
carefully and
just trying to get a sense of what to
expect after I'd use them a few times I
felt a lot more comfortable and felt
like these are really tools I could use
in my everyday life I think the Internet
is a really powerful tool for connecting
people and helping them to trust one
another and ultimately that's what the
sharing economy is all about trust
anyway that's all with god I really hope
this video has been helpful in
explaining just what the sharing economy
is and how it works