A beautiful presentation by Rachel Botsman about the rise of collaborative consumption and how technology is bringing us back to the ideas of sharing and trust. She covers the same ground as Clay Shirky and others but the presentation is too good to pass up. I can see this working in Kuwait. Maybe it exists already, but I can see it working, trading DVDs, fashion accessories, old phones, etc. The bigger point is that these transactions are happening purely based on trust, even though you don’t know the other person at all. It’s really impressive how we create a communal credit score when people review your actions and through that you can get a feel of a persons reputation and reliability and have all this just emerge naturally.
Posted by: Barrak Al-Babtain | January 18, 2011
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