Imagine No Possessions: In the Future, We’ll Share Everything

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Zipcar Zip Zip! (Photo credit: miss604)

There are 23 megacities (or city states) in the world now. By 2025, it’s predicted that there will be 37.

Tokyo alone is forecasted to have over 37.2 million residents by 2025, more than live in Canada. According to the United Nations, over half the world now lives in cities –  but by 2050, over 70% of the world will be urban dwellers.

In the second installment of our “8 Trends That Will Shape Humanity” series, we look at the rise of the “city state” and how the coming consolidation of humanity into cities will change life for residents of these massive urban hubs.

What is life like in the city state of the future?

One aspect of city state living is that homes will get smaller. With space at a premium, apartments and houses will shrink and become flexible, multi-purpose dwellings. Graham Hill’s Life Edited apartment is a present day model of this concept. This downsizing of personal space means that people will have to carefully consider what physical objects they keep in their homes. This is where the sharing economy comes in.

Share Everything

What is the sharing economy? It’s a growing movement that enables the sharing of personal resources amongst members. Recently estimated to be worth $3.5 billion by Forbes magazine, the sharing economy was heralded by innovators like Zipcar (a car sharing service) and Airbnb (a house and apartment sharing service). While there are numerous free sharing services, generally the sharing transaction is monetized and handled by a third party company. These sharing services have allowed members to make money by renting out things and space that would have otherwise sat unused. And people are truly sharing almost everything.

See Also

The sharing economy now includes:

Read more . . .

 

The Latest Bing News on:
Sharing economy
  • Estonia vetoes EU VAT proposals for sharing economy services
    on May 17, 2024 at 4:54 am

    Estonia / EU: Estonia has vetoed plans to introduce value-added tax [VAT] on sharing economy services such as Airbnb and Bolt in the European Union at a meeting with finance ministers in Brussels.

  • SEII Sharing Economy International Inc.
    on May 12, 2024 at 10:00 am

    Sharing Economy International Inc. focuses on the development of sharing economy platforms and related rental businesses. The company operates rental stations that offer power banks for mobile ...

  • How sharing economy M&A performed in the technology industry in Q1 2024
    on May 7, 2024 at 6:37 pm

    Analysis of the key themes driving M&A activity reveals that sharing economy accounted for 2 technology deals announced in Q1 2024, worth a total value of $160m. The $160m acquisition of Gett by Pango ...

  • New book from BC sociologist looks at the 'gig' economy
    on May 2, 2024 at 5:00 pm

    So was born the sharing economy—popularly referred to as the “gig” economy. But this contemporary idea of work that would provide inexpensive, valued services for consumers and good wages, flexibility ...

  • Artículos sobre Sharing economy
    on August 1, 2023 at 5:00 pm

    Far from a touchy-feely community, research shows online platforms such as Airbnb tend to strengthen users’ narcissism and class biases.

  • Premium cars in the sharing economy
    on August 1, 2022 at 10:54 pm

    The COVID-19 pandemic triggered a sudden global economic downturn in 2020 and markets relying on people’s mobility were suffering severely. Indeed, car rental and sharing companies saw their ...

  • Reengineering the Sharing Economy
    on July 30, 2022 at 12:49 pm

    The current sharing economy suffers from system-wide deficiencies even as it produces distinctive benefits and advantages for some participants. The first generation of sharing markets has left us to ...

  • Sharing economy
    on June 7, 2022 at 1:00 am

    borrowed or rented, often through online transactions, in an effort to save money, reduce costs and cut waste. Prime business examples of the sharing economy include Airbnb, Zipcar and the Uber Pool ...

  • Sharing risk for a sharing economy
    on February 8, 2022 at 11:58 pm

    It’s opened the door for scores of new billion-dollar businesses that have started to reshape the economy around these radically different ideas. Expected to grow by 1000% over the next 10 years, the ...

  • The Sharing Economy Is Changing The Rules Of Business
    on February 5, 2019 at 7:46 am

    This sharing economy is rapidly becoming the new business of sharing, with major winners already including Airbnb (rooms), Uber (rides), and Chegg (books). If you are an aspiring entrepreneur, or an ...

The Latest Google Headlines on:
Sharing economy

[google_news title=”” keyword=”sharing economy” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]

The Latest Bing News on:
Sharing services
The Latest Google Headlines on:
Sharing services

[google_news title=”” keyword=”sharing services” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]

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