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