2min chapter

The "What is Money?" Show cover image

The Implications of Digital Revolution with Salim Ismail (WiM278)

The "What is Money?" Show

CHAPTER

Airbnb Is Tapping to an Abundance of Extra Bedrooms Lying Around

Jeremy Rifkin wrote about this in the Zero-Martinal Cost Society. He said, capitalism is actually eating itself because we're getting more and more efficient delivering the same goods for lower and lower price. The marginal cost of adding new room to your inventories is absolutely near zero. Same with Waze, same with Uber. Adding of a car is near zero. So you now have the opportunity to build a business with almost zero marginal cost of supply.

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