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The New Economy: Built by the People Powered by Technology
Robin Chase
@rmchase
Guanajuato, Mexico
BUSINESS
people
GOVERNMENT
PEOPLE people
PEOPLE-POWERED
My searches My friends My videos
My knowledge My photos My stuff
EXCESS CAPACITY
+
Platform for Participation
sharing BED
AGE ROOMS HOTELS COUNTRIES
8 1,500,000 200
5 600,000 192
60 645,000 4400 100
93 610,000 3800 88
44 530,000 4452 92
AGE ROOMS HOTELS COUNTRIES
8 1,500,000 200
4 650,000 192
60 645,000 4400 100
93 610,000 3800 88
44 530,000 4452 92
My searches My friends My videos
My expertise My stuff My photos
Excess capacity + platform for participation
My searches My friends My videos
My expertise My stuff My photos
PEERS Incorporated
Peers Diversity
Localization
Customization
Social Networks
Innovation
Service/Product
Inc. Economies of Scale
Significant resource investment
Expertise in many realms
Standards, Rules, Recourse
Brand promise
Platform for Participation
Sco
tt Ab
lem
an
n
Ma
rc e
Ma
rc
Founded 1995. 100 million active users.
In 2011, $68.6b in value of goods sold. $2,100/second.
eBay
-
100.000
200.000
300.000
400.000
500.000
600.000
700.000
800.000
Mar-
10
Mai-10
Jul-10
Set-
10
Nov-1
0
Jan-1
1
Mar-
11
Mai-11
Jul-11
Set-
11
Nov-1
1
Jan-1
2
Mar-
12
Number of Gigs on Fiverr.com
BUSINESS GOVERNMENT
• Create car sharing in 5 minutes
• for free
• wherever there is demand
• by downloading the app
AUTO-PRENEURS
Col labora t i ve l y bu i l t t ranspor ta t i on in f ras t ruc tu re
BONUS: RESILIENCY REDUNDANCY
Source: Paul Baran, RAND
Internet + platforms for participation + people’s excess capacity
EMPOWERED PEOPLE
turning complexity into simplicity
delivering a unique customized livable world
& sustaining economies
ITS THE PEOPLE THAT MAKE IT A SUCCESS
• Semi-organized/ad hoc
• Highly diverse
• Enjoyed by all income levels:
• Some stuff homemade
• some store bought
• some local & artisanal
• some mass produced
robin@buzzcar.com
@rmchase
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