WORLD ECONOMIC FORUM | The dark side of the sharing economy

The sharing economy: depending on who you ask, it’s the engine of a post-capitalist economy, the poster child of the Fourth Industrial Revolution, or the end of consumer civilization as we know it. Truth be told, it’s a bit of each of these claims, yet something unique that’s even more.

As an advisor to sharing companies, policy makers, investors and entrepreneurs over the past several years, I’ve had a seat at the proverbial fifty-yard line: as “access over ownership” has become a new tagline, as governments initially ignored and then became unglued by the realities of regulatory reform, and as a bumper crop of related terms grew up alongside. Now it’s not only the sharing economy we need to worry about, but the gig economy and on-demand economy too. What next?