Saturday, 30 November 2013

The currency of the new economy is trust


Rachel Botsman writes and speaks on the power of collaboration and sharing through network technologies, and on how it will transform business, consumerism and the way we live. There's been an explosion of collaborative consumption -- web-powered sharing of cars, apartments, skills. In this 20 minute video, Rachel Botsman explores the currency that makes systems like Airbnb and Taskrabbit work: trust, influence, and what she calls "reputation capital."