Peers Inc: How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism
by Robin Chase · 14 May 2015 · 330pp · 91,805 words
Peers Inc Peers Inc How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism ROBIN CHASE Copyright © 2015 by Robin Chase. Published in the United States by PublicAffairs™, a Member of the Perseus Books Group All
…
Who Has the Gold? Democratizing Power and Wealth 10 Addressing Our Biggest Challenges Climate Change and Sustainability Need Peers Inc 11 What Happens Next? The Collaborative Economy ACKNOWLEDGMENTS NOTES INDEX Introduction BACK IN 2000, sleepless at night during the early months of building Zipcar, I had a recurring nightmare. Lying in bed
…
for value creation: Shared resources unlock the greatest efficiencies, shared minds the greatest innovation. Peers Inc is driving the transition from the industrial to the collaborative economy. The old economy was built upon the idea that wealth is created by hoarding assets and selling them off bit by bit. This is why
…
our future. We are at the end of the old fossil-fuel-saturated, consumption-based industrial economy. We are at the beginning of the new collaborative economy, which thrives on sharing, openness, and connectedness. What we choose to leave behind and how we prepare for the new will determine whether we make
…
motion. This chapter is both sobering and optimistic. Chapter 11: The conclusion is really a beginning. I make a strong case that transition to the collaborative economy is inevitable. PART I The Building Blocks ONE “Hello, Zipcar. This Is Robin.” My Three Theses AFTER I CO-FOUNDED ZIPCAR, a national magazine described
…
, and quality we previously thought impossible. Peers Inc is leading the transition from industrial capitalism to the collaborative economy. In this book I delve into the right-hand column and answer many questions surrounding the collaborative economy: • What is the economic underpinning behind this transformation? • What is the organizational structure that powers it? • What
…
, and a tenuous reliance on a single source of income. The collaborative paradigm values economic agency, resilience, passion, learning, autonomy, and unique contributions. Likewise, the collaborative economy downplays the need to hustle as well as the lack of benefits and workplace protections, addressable issues that I will discuss in Chapter 7. The
…
ways to be paid: by the hour, month, or year; by output; and through non-monetary exchange (school credits, reputation, barter, etc.). The Peers Inc collaborative economy will be no different. It will eventually lead to rethinking taxation, social supports, and regulations. We’ve spent decades trying to figure out the right
…
in the later stages will define the ultimate longevity of the company. Getting it right across the sum of Peers Inc organizations constructing the new collaborative economy as a whole will portend our ability to transition to an economy that provides people with more agency, more satisfaction, and more equality and that
…
complete reversal from the playbook of traditional capitalism. In the old days, companies would build value by keeping their best ideas to themselves. In the collaborative economy, and particularly with the Peers Inc framework, everything you can do to make your peers grow and succeed only adds to your own value. The
…
Airbnb’s groups. And a new NGO, Peers.org, is trying to serve as a convener and service provider to support freelancers working in the collaborative economy. Ultimately, a happy community absolutely encourages viral marketing, by far the cheapest, most authentic, most distributed, and most targeted form of marketing possible. The FOSS
…
recourse with Uber. And just like in the industrial economy, there will be too many people vying for the lowest-skill jobs in this new collaborative economy. We will have too many freelance taxi drivers, too many places to stay, too many errand runners, and wages will fall. The wages of higher
…
Technology Futures team, writes that “rising customer expectations and faster product life cycles are forcing companies to adapt to a new style of business: ‘the collaborative economy.’ ” Bieler continues, “Collaboration not only connects customers, partners, and employees in the context of a single issue or incident; it can also be a massive
…
social welfare. As a result, companies, industries, and entire economies that used to operate in silos will have to open themselves up and embrace the collaborative economy.”3 Dries Buytaert, the founder of Drupal, has observed that “society is undergoing tremendous change right now—the sharing and collaboration practices of the Internet
…
are extending to transportation (Uber), hotels (Airbnb), financing (Kickstarter, Lending Club), and music services (Spotify). The rise of the collaborative economy, of which the open source community is a part, should be a powerful message for the business community. It is the established, proprietary vendors whose
…
companies respond, is now founder of Crowd Companies, a brand council that offers research and strategic advice to companies seeking to become part of the collaborative economy. He has a simple four-phase circular path that explains the transition from the old industrial approach to the new one: Product → Service → Marketplace → Platform
…
also highlighted the fact that nongovernmental platforms are now providing significant public goods and services. A curious reality of the Peers Inc model and the collaborative economy is that they are not really collaborative at all. These public goods and this currency creation do not require very much actual collaboration (laboring together
…
. It is an everyone issue. We are all called upon to contribute to the solution, and to do so urgently.” ELEVEN What Happens Next? The Collaborative Economy THIS BOOK is a dare. It is a challenge not only to entrepreneurs but also to all those who want to change the game by
…
the nimble, adaptive, distributed Peers Inc framework. This is how Peers Inc organizations started rewiring capitalism. Where the industrial economy concentrates power and wealth, the collaborative economy succeeds by distributing it. So for those in power, enjoying the fruits of the status quo, this change will be especially hard. The old guard
…
we will end up by going down the Peers Inc path—of that I have no doubt. Why? I have observed that in the new collaborative economy, where we are networked and resources are highly accessible, the following are almost always true. The four principles on the next page will carry us
…
inevitably to the collaborative economy. The real question is how we prepare our workforce, our government, and ourselves for this new, inevitable economic order. We cannot afford a long period
…
bike, but free parking lets him keep this beater for the few times a year he has to move heavy objects. THE PRINCIPLES OF THE COLLABORATIVE ECONOMY 1. Open accessible assets > closed assets Open assets deliver more value than closed assets because they are more efficiently used and let us continually uncover
…
hard flour-based shapes, platforms and peers are nothing without each other. Denial of that reality by either party won’t end well. In the collaborative economy, peers are resourced and networked too. And while platforms may create more powerful companies and leverage existing platforms to build others more quickly, the peers
…
of one’s networks. While industrial capitalism evolved to put the corporation’s survival at the center, the collaborative economy thrives by putting people at the center—both customers and suppliers. Even mainstream economists are recognizing that measuring success and value creation through monetary growth
…
variety of platforms so that we can learn at the fastest possible speed, find those with the best results, and spread their work. In the collaborative economy, growth doesn’t require us to expand production and consumption of physical goods. Instead, growth occurs when each individual peer joins a platform and contributes
…
in Common,” Harvard Business Review, November 20, 2014, https://hbr.org/2014/11/what-airbnb-uber-and-alibaba-have-in-common. 3. Dan Bieler, “The Collaborative Economy Will Drive Business Growth and Innovation,” Forrester.com, May 19, 2014, http://blogs.forrester.com/dan_bieler/14-05-19-the
…
_collaborative_economy_will_drive_business_innovation_and_growth. 4. Dries Buytaert, “The Business Behind Open Source,” July 24, 2014, http://buytaert.net/the-business-behind-open-source.
…
Review,” December 22, 2014. www.marketinglaw.co.uk/advertising-regulation/sainsburys-asa-challenge-goes-to-judicial-review?cat_id=1. 24. “Rethinking Retail in the Collaborative Economy,” talk given by Véronique Laury, Castorama CEO, OuiShare Fest, June 9, 2014, ww.youtube.com/watch?v=nDkrBfaP8bg. 25. Kevin Delaney, “Google in Talks to
…
rickshaws, 239–243 Autonomy, 57–59 B corp, 202, 230 Back-office technology, 14 Barcelona Open Challenge, 172–174 Barriers to entry capitalist economy, 126 collaborative economy, 252 Bartolone, John, 227 Basic income policies, 191 Benefits, workers’, 189–190 and employment status, 156 separated from employment, 59–60 taxes to pay, 192
…
, most successful, 162–164 Buxton, Peter, 81–82 Buytaert, Dries, 134, 164 Buzzcar, 155 Cambridge, Massachusetts, 7–8 Capitalism historical vs. current, 195 industrial, vs. collaborative economy, 18–19, 249–250 realities, 197–198 valuing corporation over people, 253 Car, cost of owning or renting, 21–22 Car ownership, downsides, 9 Carbon
…
, 234–235 350.org, 232–233 Climate Corporation, The, 41 Coase, Ronald, 18, 190 Co-creators, entire ecosystem as, 178–181 Coinsman, The, 216–217 Collaborative economy barriers, 252 changing from consumer society, 180–181 vs. industrial capitalism, 18–19, 250 Peers Inc as model, 20 preparation, 251 principles, 251 See also
…
, 103 Ebola Grand Challenge, 85 Economic agency, 58–59 Economy collaborative vs. industrial, 18–19, 250 impact of peers structure, 185–192. See also Capitalism; Collaborative economy Edge cases, innovation, 167–170 Elder care, challenge solution, 174 Emergencies and crises, crowdsourcing, 85 Employees, lack of flexibility, 189 Employment, shifting implications, 59–60
…
opt-in nature, 157 retail model, 237–238 success of business model, 162–163 three theses underlying, 11–12 transportation model, 239–243 See also Collaborative economy; Platforms; individual names Peer organizations, phases, 100 controlled kernel, 100–110 “everybody welcome,” 110–114 power imbalance, 114–126 power parity, 126–133 Peer power
…
, 117 Seikatsu, 203 Shadow IT, defined, 152 Sharing best practices, 128–129 rebranding word, 12 as tapping excess capacity, 16–19 theses, 11 See also Collaborative economy; Openness Sinai, Nick, 42, 172 Skype as excess capacity, 23–24 growth compared to WhatsApp, 112–113 Smartphones excess capacity uses, 25–27, 48–49
Money in the Metaverse: Digital Assets, Online Identities, Spatial Computing and Why Virtual Worlds Mean Real Business
by David G. W. Birch and Victoria Richardson · 28 Apr 2024 · 249pp · 74,201 words
of banks and society here is a sensible first step. A bank business? Banks ought to obtain significant advantage as infrastructure providers here, because the collaborative economy stakeholders do not want to have to create their own identification, authentication and authorization infrastructures. The Metaverse should therefore present a great opportunity for
The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism
by Jeremy Rifkin · 31 Mar 2014 · 565pp · 151,129 words
understands that it’s people and communities who are at the heart of the new economic paradigm. People all over the world are building the collaborative economy and Rifkin’s thoughtful analysis further illustrates that this is an idea whose time has come.” —Natalie Foster, executive director of peers.org The Zero
…
a more authoritarian style of learning to a more lateral learning environment better prepares today’s students to work, live, and flourish in tomorrow’s collaborative economy. The new collaborative pedagogy is being applied and practiced in schools and communities around the world. The educational models are designed to free students from
…
are to ensure our survival. But even here, there are winners and losers. The still-dominant capitalist system believes it can find value in the collaborative economy by leveraging aspects of the sharing culture toward new revenue-generating streams. Still, whatever profit it can squeeze out of the growing networked Commons will
…
. (And soon, their own 3D manufacturing.) The same multitudes are minimizing their purchases in the marketplace by sharing already-bought items with others in the collaborative economy. They are choosing access over ownership and using everything from cars to sports equipment on a “just-in-time” basis. And virtually all this activity
…
mixed, combining gift giving and exchanges with some form of compensation. Still others are purely profit-seeking enterprises like eBay. If we think of a collaborative economy as both gift giving as well as redistribution and recycling with or without compensation, everyone is covered. Recent surveys underscore the broad economic potential of
…
, with a trend line that is only going to become more pronounced with the phasing in of the IoT. How likely is it that the collaborative economy will disrupt the conventional business model? According to an opinion survey conducted by Latitude Research in 2010, “75% of respondents predicted their sharing of physical
…
, because of the 10 percent effect. Umair Haque, author of The New Capitalist Manifesto and a contributing writer to the Harvard Business Review, sees the collaborative economy as having a “lethally disruptive” impact at a much lower threshold of buy-in than normally expected because of its ability to undercut already dangerously
…
scaled megacorporations that currently account for much of the world’s commerce are imposing and seemingly invincible, they are, in fact, highly vulnerable to a collaborative economy that is quickly eating away at their already precariously low profit margins. It’s not unreasonable to expect a significant die-off of the vertically
…
ratings to become as important to millions of participants on the Collaborative Commons as credit ratings were to consumers in the capitalist marketplace.15 The collaborative economy is coming on strong. Just before sitting down today to write, I happened to read this week’s cover story on the sharing economy in
…
currencies are really social currencies that enable the collaborative exchange of goods and services to flourish in the Commons. As in other areas of the collaborative economy, people are bypassing the middlemen, the fixed overhead costs of big financial institutions, the markups, and the high interest rates imposed by credit card companies
Collaborative Society
by Dariusz Jemielniak and Aleksandra Przegalinska · 18 Feb 2020 · 187pp · 50,083 words
an “economic system generated by the optimization and shared allocation of space, time, goods, and services through digital platforms.”26 Similarly, the EU Commission defined collaborative economy as a brokerage between individual service providers and recipients.27 Even more important in the general discourse are the plethora of authors who believe that
…
collaborative economy—particularly commons-based peer production—has the potential to transform the capitalistic system and the whole of society into something much less corporate driven and
…
as in public and private communication. Clearly, the consequences of the open collaboration phenomenon surpass recent reforms in capitalism. Although we describe various effects the collaborative economy has had on all our lives, we focus in this book on important social aspects of collaborative society. We are entering an age of networked
…
that end, we organize our book in the following way. In chapter 2, “Neither ‘Sharing’ nor ‘Economy,’” we discuss the key concepts of sharing economy, collaborative economy, platform capitalism, cooperativism, and gig economy. We criticize the persistence of “sharing economy” as a term in popular and academic discourse by critically analyzing its
…
for free software development and collaboration. The Abuse of Sharing The term used for new phenomena associated with open collaboration, sharing economy, sometimes referred to collaborative economy, has become a buzzword today, possibly the most recognizable term related to the processes of open collaboration. It has yielded about seven million results in
…
outcome of a typical Silicon Valley innovation narrative.13 The term used for new phenomena associated with open collaboration, sharing economy, sometimes referred to as collaborative economy, has become a buzzword today. Nicholas John argues that pointing to the misuse of the word sharing glosses over a more important issue: what we
…
to this divide: Table 2.1 Profit-maximization-oriented users/producers Nonprofit-oriented users/producers Capitalist platform Platform capitalism, gig economy Uber, Airbnb, TaskRabbit, Turo Collaborative economy TripAdvisor, Yelp, Couchsurfing, 9GAG Quantified Self Cooperativist platform Online cooperatives Time banks (Timebank.cc, Hourworld.org) Food co-ops Peer-to-peer lending Peer production
…
Wikipedia. At the same time, we must emphasize that abuse in citizen science takes place just as much as it does in peer production and collaborative economy projects, given that citizen science movements sometimes function as a source of unpaid labor, exploited by semi- or openly commercial ventures.47 Alterscience Citizen science
…
relying on scientific methods to advance or provide knowledge, organized collaboratively and outside of academic hierarchies, and allowing a wider public engagement in scholarly discovery. Collaborative economy See sharing economy Collaborative society An increasingly common phenomenon of emergent and enduring cooperative groups, whose members have developed particular patterns of relationships through technology
…
socially, or attend events. By 2013, Second Life had approximately one million regular users. The number of current users is unknown. Sharing economy (also called collaborative economy) A very broad term related to utilizing the idle capacity of different kinds of resources and making them available for free or for profit, usually
…
Peer Production and Its Transformative Dynamics,” Sociological Review 66 (2018): 302–319. 4. V. Kostakis and M. Bauwens, Network Society and Future Scenarios for a Collaborative Economy (Springer, 2014). 5. Y. Benkler, A. Shaw, and B. M. Hill, “Peer Production: A Form of Collective Intelligence,” in Handbook of Collective Intelligence, ed. M
…
’s Mine Is Yours: The Rise of Collaborative Consumption. New York: HarperBusiness, 2014. Kostakis, V., and M. Bauwens. Network Society and Future Scenarios for a Collaborative Economy. New York: Springer, 2014. Lessig, L. Remix: Making Art and Commerce Thrive in the Hybrid Economy. New York: Penguin, 2008. More about digital copyright and
…
, 182 Collaboration, future definition of, 179–180 and efficiency, 195 Collaboration, among infants, 1–3 Collaboration, on social platforms, 175, 182 Collaborative consumption, 32–33 Collaborative economy, 7–8 Collaborative society, 4–5, 11, 37 future of, 178 Collaborative tracking, 144, 148, 152–153 Commons-based peer production, 43, 62 Commons-based
The Empathic Civilization: The Race to Global Consciousness in a World in Crisis
by Jeremy Rifkin · 31 Dec 2009 · 879pp · 233,093 words
at odds than when it comes to the notion of holding intellectual property. Patents and copyrights are sacrosanct in the traditional business scheme. In a collaborative economy, however, open-sourcing of critical information becomes essential to collaboration. Possessing and controlling knowledge thwarts collaboration. The struggle in the life-sciences sector over patents
…
.” He suggests that “such a revenue can only be reckoned as a right to participate in a satisfying set of social relations.”27 In a collaborative economy, the right of inclusion becomes more important in establishing economic and social relationships than the right of exclusion. As we’ve seen, traditional property rights
Beautiful Solutions: A Toolbox for Liberation
by Elandria Williams, Eli Feghali, Rachel Plattus and Nathan Schneider · 15 Dec 2024 · 346pp · 84,111 words
. WRITTEN BY THE BEAUTIFUL SOLUTIONS TEAM Guifi.net is explicit in its anti-capitalist motives. Its model disrupts the traditional telecommunications economy by fostering a collaborative economy and a commons. It rejects exploitation of user communities and favors a sustainable, mutually beneficial network infrastructure. The project sees internet and telecommunications access as
Collaborative Futures
by Mike Linksvayer, Michael Mandiberg and Mushon Zer-Aviv · 24 Aug 2010 · 188pp · 9,226 words
User adamhyde has saved chapter "About this Book". JOINED AlanToner INFO User AlanToner has saved chapter "Motivations for Collaboration". INFO User ela has saved chapter "Collaborative Economies". INFO User adamhyde has saved chapter "About this Book". INFO User Marta has saved chapter "Generosity". INFO User ela has saved chapter
What's Mine Is Yours: How Collaborative Consumption Is Changing the Way We Live
by Rachel Botsman and Roo Rogers · 2 Jan 2010 · 411pp · 80,925 words
and the will of the individual” would turn traditional business models upside down and radically transform the way people think and live toward a more collaborative economy. Duvall was particularly interested in the work of Carlota Perez, a leading economist at Cambridge University and an expert in technoeconomic paradigm shifts. Perez posits
The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World
by Jeremy Rifkin · 27 Sep 2011 · 443pp · 112,800 words
, where few restrictions have been put on the market and little effort made to ensure that the fruits of industrial commerce are broadly shared. THE COLLABORATIVE ECONOMY The emerging Third Industrial Revolution, by contrast, is organized around distributed renewable energies that are found everywhere and are, for the most part, free—sun
…
the modern era as market relations came to dominate life and private property came to define the “measure of a man.” In a distributed and collaborative economy, however, the right of access to global social networks becomes as important as the right to hold on to private property in national markets. That
…
beginning to restructure the educational experience to make it relevant to young people who will need to learn how to live in a distributed and collaborative economy tucked inside a biosphere world. CHAPTER EIGHT A CLASSROOM MAKEOVER I was backstage, fidgeting with my five small note cards, thinking over the key points
…
buys us some precious time. The millennial generation and their children will need to be educated to work and live in both an industrial and collaborative economy. Their children, however, will be increasingly employed in the civil society, creating social capital while intelligent technology will substitute for much—but not all—of
Reality Is Broken: Why Games Make Us Better and How They Can Change the World
by Jane McGonigal · 20 Jan 2011 · 470pp · 128,328 words
energy conservation game that invites you to make virtual currency wagers on just how much social good other players can accomplish. GROUNDCREW—POWERING THE MOBILE COLLABORATION ECONOMY The best way to explain the wish-granting Groundcrew project, developed by Cambridge, Massachusetts-based social entrepreneur Joe Edelman, is by looking first at the
Humans as a Service: The Promise and Perils of Work in the Gig Economy
by Jeremias Prassl · 7 May 2018 · 491pp · 77,650 words
The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism
by Arun Sundararajan · 12 May 2016 · 375pp · 88,306 words
Everything for Everyone: The Radical Tradition That Is Shaping the Next Economy
by Nathan Schneider · 10 Sep 2018 · 326pp · 91,559 words
Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (And What to Do About It)
by Salim Ismail and Yuri van Geest · 17 Oct 2014 · 292pp · 85,151 words
Frugal Innovation: How to Do Better With Less
by Jaideep Prabhu Navi Radjou · 15 Feb 2015 · 400pp · 88,647 words
Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity
by Douglas Rushkoff · 1 Mar 2016 · 366pp · 94,209 words
Virtual Competition
by Ariel Ezrachi and Maurice E. Stucke · 30 Nov 2016
Postcapitalism: A Guide to Our Future
by Paul Mason · 29 Jul 2015 · 378pp · 110,518 words
Uberland: How Algorithms Are Rewriting the Rules of Work
by Alex Rosenblat · 22 Oct 2018 · 343pp · 91,080 words
After the Gig: How the Sharing Economy Got Hijacked and How to Win It Back
by Juliet Schor, William Attwood-Charles and Mehmet Cansoy · 15 Mar 2020 · 296pp · 83,254 words
Reimagining Capitalism in a World on Fire
by Rebecca Henderson · 27 Apr 2020 · 330pp · 99,044 words
Ours to Hack and to Own: The Rise of Platform Cooperativism, a New Vision for the Future of Work and a Fairer Internet
by Trebor Scholz and Nathan Schneider · 14 Aug 2017 · 237pp · 67,154 words
Platform Scale: How an Emerging Business Model Helps Startups Build Large Empires With Minimum Investment
by Sangeet Paul Choudary · 14 Sep 2015 · 302pp · 73,581 words
The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order
by Paul Vigna and Michael J. Casey · 27 Jan 2015 · 457pp · 128,838 words
Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth
by Michael Jacobs and Mariana Mazzucato · 31 Jul 2016 · 370pp · 102,823 words
How Music Got Free: The End of an Industry, the Turn of the Century, and the Patient Zero of Piracy
by Stephen Witt · 15 Jun 2015 · 315pp · 93,522 words
Platform Capitalism
by Nick Srnicek · 22 Dec 2016 · 116pp · 31,356 words
The Autonomous Revolution: Reclaiming the Future We’ve Sold to Machines
by William Davidow and Michael Malone · 18 Feb 2020 · 304pp · 80,143 words
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
by Satyajit Das · 9 Feb 2016 · 327pp · 90,542 words