Thao Ly

UWRT 1104
10/6/17
Reading

The current and future state of the sharing economy

https://www.brookings.edu/research/the-current-and-future-state-of-the-sharing-economy/
1. private vehicles go unused for 95 per cent of their lifetime
a. Todays Cars Are Parked 95% of the Time http://fortune.com/2016/03/13/cars-
parked-95-percent-of-time/
i. Millennials
1. Millennials and car ownership? Its complicated
http://www.latimes.com/business/autos/la-fi-hy-millennials-cars-
20161223-story.html
a. Gone are the days when owning a car, the ultimate status
symbol, meant freedom and maturity. For this generation,
automobiles have become less of an aspirational purchase
and more of a utilitarian one.
b. Among 18- to 24-year-olds, 64% said they expected their
vehicles technology to be able to do all the things that a
smartphone can do; that compared with 56% of Gen X
respondents.
ii. Lower overall spending on cars
2. Prices of shared services are also falling as indicated by Airbnb rates that are between 30
and 60 per cent cheaper than hotel rates around the world.
. Hotels vs. Airbnb: Let the battle begin
https://www.nytimes.com/2016/07/24/travel/airbnb-hotels.html
.One in three leisure travelers in 2015 used private accommodations, up from one in ten in 2011,
and that 31 percent of travelers who used Airbnb in the last two years had used it for business
3. More information shared on an online platform can lead to greater trust between users,
but it can also lead to racial and gender bias
. The Fate of Online Trust in the Next Decade http://www.pewinternet.org/2017/08/10/the-
fate-of-online-trust-in-the-next-decade/
.The spread of encryption, better online identity-verification systems, tighter security standards in
internet protocols, new laws and regulations, new techno-social systems like crowdsourcing and
up-voting/down-voting or challenging online content
i.
4. It is difficult for any one company to form a monopoly since the cost for customers to
switch between sharing economy services is quite low.
. Can the sharing economy shift from networked monopolies to co-operatives?
http://diginomica.com/2016/09/16/can-the-sharing-economy-shift-from-networked-monopolies-
to-co-operatives/
.One of the most interesting conversations that emerged was around the idea of whether we could
shift these networks from being monopolies to becoming co-operatives (in the same vein as the
John Lewis model, whereby employees own a stake in the company
 Reflection
For me personally I dont think this whole process was too helpful because I wouldve
already done this but on a smaller scale, I wouldnt check everything but only the important parts
related to my topic. The process was easy it just took up a lot more time because my topic had
extensive writing on it. It didnt help me find a topic because I already knew what I wanted to do
it on but it did help me learn more about it.

The library orientation session was extremely helpful because I didnt know the library
website and how to navigate it. The orientation gave me a wide variety of options to explore for
my topic. Everything from that process gave me ways to improve on my paper and how to
prepare for future ones too.

I actually already knew what topic I wanted to do and all the research I did just reinforced
it. I gave myself enough to brainstorm but not really freewrite because I've tried writing my ideas
down on previous papers and it just doesnt work for me. As a questioner I'm very good at asking
questions. As a reader theres always room for improvement but I do actively read. As a writer I
think I tend to do better at the last minute because of pressure. With the topic proposal I thought
it was pretty fun. The process did take more time than I wanted but it was worth it because I have
new information I wouldnt have gotten otherwise.