What You Will Learn Rachel Botsman: Who Can You Trust?
Aug 28, 2018
Rachel Botsman, a lecturer at Oxford University and author known for her work on trust and technology, shares fascinating insights about the evolution of trust in the digital era. She discusses the implications of China’s government trust rating system and critiques the societal dangers of social credit systems. Botsman emphasizes the shift from ownership to access in the sharing economy and highlights the transformative power of blockchain in redefining financial relationships. Additionally, she explores the importance of stillness in cultivating innovative ideas and reflective thinking.
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Sharing Economy
- We own things we rarely use, often driven by identity or impulse rather than functionality.
- Technology allows sharing these underutilized assets, shifting from ownership to access.
The Drill Analogy
- Rachel Botsman's TED Talk highlighted the idea of wanting the benefit of things, not just ownership, using the example of a drill.
- This emphasizes the shift towards valuing experiences and access over material possessions.
Beyond Physical Assets
- The sharing economy is expanding beyond physical items to intangible assets like skills, time, and even risk.
- This trend reflects a broader shift in how we value and exchange resources.