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The Sharing Economy, the Peer-to-Peer Economy and the Collaborative Economy

Summary:
This is the first full length episode of Utopias, Dystopias and Today's Technology. Our guest is Somil Gupta: https://www.linkedin.com/in/somilguptaai/ The topic is, as the title suggests, about the terms "Sharing Economy", "Peer to Peer Economy" and "Collaborative Economy" what they mean and what this means for us all. This episode makes a few references: The podcast, "What's the Buzz--AI in Business" by Andreas Welsch: https://intelligence-briefing.com/ Yanis-Varoufakis's claim that capitalism has been replaced by techno-feudalism, of which this writing is one example: https://www.project-syndicate.org/commentary/techno-feudalism-replacing-market-capitalism-by-yanis-varoufakis-2021-06 The book, The Entrepreneurial State, by Mariana Mazzucato:

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This is the first full length episode of Utopias, Dystopias and Today's Technology.

Our guest is Somil Gupta: https://www.linkedin.com/in/somilguptaai/



The topic is, as the title suggests, about the terms "Sharing Economy", "Peer to Peer Economy" and "Collaborative Economy" what they mean and what this means for us all.



This episode makes a few references:

The podcast, "What's the Buzz--AI in Business" by Andreas Welsch: https://intelligence-briefing.com/



Yanis-Varoufakis's claim that capitalism has been replaced by techno-feudalism, of which this writing is one example: https://www.project-syndicate.org/commentary/techno-feudalism-replacing-market-capitalism-by-yanis-varoufakis-2021-06



The book, The Entrepreneurial State, by Mariana Mazzucato: https://en.wikipedia.org/wiki/The_Entrepreneurial_State



Chapters:

0:00 Theme Song (written, performed, recorded and mixed by Neal Rosenfeld, sang by Jennifer Youngs)

00:35 Welcoming Message

0:57 Introducing Somil Gupta

1:52 What is the peer to peer economy, what is the sharing economy and what is the collaborative economy?

2:46 Historical Framing

5:56 The Peer to Peer Economy

6:45 The Sharing Economy

8:24 The Collaborative Economy

10:13 Incentives for the Collaborative Economy: Democratization

11:36 Solving The World's Problems

12:07 Building Socially Impactful, but Low Profit Solutions

13:38 Using the Tools built by Techno-Feudalists to solve problems in the peer to peer economy: a problem with that?

16:02 Economies of Scale

18:27 The Peer to Peer Business Model: low Volume, high Diversity

19:03 Is the Peer to Peer Economy the Solution to the Problems that arise from Scale

22:28 What comes around, goes around?

25:52 The Urge to do something good

27:17 Decentral and Central Organization

33:30 The Leverage of working with the Big Players (Techno-Feudalists)

34:36 The Shared, Peer to Peer and Collaborative Economies: three legs of a Chair

35:45 Do we have to play with the big Players?

37:03 Efficiency

37:53 Pragmatism over Purity

38:28 Natural Monopolies: Amazon and Google as new States

39:41 Are these new quasi States democratic?

40:59 What is the relevant Community for Techno Democracy?

42:46 The new Roads: Public Private Partnerships

46:11 Use the Tools that are available to us now: We are the ones we've been waiting for!

50:41 The tremendous Ecosystem to solve today's Problems

52:08 Ethics beyond do no harm: let's build a better World together!

53:52 Some words about the Show

55:54 What comes next on the Show
Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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