Urban Mobility and the Sharing Economy
The sharing economy represents a structural shift to how people buy and consume services that will change the entire economy. Companies like Uber and Lyft in the transportation industry, and Airbnb in the hotel and short-term rental industry, represent a structural shift in how people think about ownership. The shift away from viewing ownership as essential will affect companies in virtually every industry, and executives should embrace and incorporate this into their businesses. Technology brings amazing benefits nationwide, just as it is making transportation more efficient, sustainable, and enjoyable.