We may already have left behind the sharing economy. The platforms work like Uber, that is, those who bring workers together (for example, drivers) with users who need a service (Passengers), offer slower average earnings than in the past. Those ofcapitalelike AirBnB, which allows us to monetize our assets such as houses and cars, sees fewer adults participating in it, in percentage terms, than happened last year.
This says a JPMorgan Chase Institute study on the sharing economy.
Seen in this way, the numbers seem worrying and make us think of a straw fire rather than a revolution in the business models to which we are accustomed. But that’s not the case. Looking closely at the graphs of the JPMorgan Chase Institute we see a slowdown in growth, not a decline. It’s normal when you look at theadoption of new models to see them grow less quickly. However, this is not a decline.
The slowdown in growth in the United States, which is still growth in absolute terms, was certainly due to a more prosperous labour market situation than that which could have been found a few years ago and which led to many people approaching it. New Unknown Monster to round up their salary (or to get one if they have lost their job).
La sharing economy and the subscription economy are revolutionising the way in which we live, consume goods and use services, from mobility to the food delivery. Certainly the recent issueUber vs Taxi which has taken a stance throughout Europe and the Foodora case which has animated the pages of Italian newspapers, have made it clear that there are still aspects to be corrected, regular or de-regular but, whatever JPMorgan says, the sharing-economy is here to stay and what the future holds for us is truly exciting.
We’re just at the beginning..