CLBR #300: The Downside of the Sharing (Platform) Economy 

CLBR #300: The Downside of
the Sharing (Platform) Economy

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OUR 300TH SHOW!

 

See my Thoughts on 300 Episodes.  In particular this “Thank You” video.

The Downside of the Sharing (Platform) Economy


The sharing economy, with the rise of Uber, Airbnb, LiquidSpace etc, is projected to grow from a $14B market in 2014 to a $335B in 2025.  While it has a number of benefits, increasingly people have been citing to its downsides and externalities.

Benefits Downsides
Cars
  • Increased Supply
  • Lower Costs
  • Income Opportunities
  • Reduced value of taxi franchise
  • Increased congestion
  • Racial Discrimination
  • Safety concerns
  • Accessibility
  • Privacy
Rental
  • Loss of rental supply
  • Increase in rental prices
  • Transfer of jobs away from the higher-paying hotel sector
  • Loss of tax revenue from hotel stays
  • Racial Discrimination
  • Safety Concerns
  • Accessibility
  • Privacy

What is often overlooked, however, is that the sharing economy is a platform driven economy and at the heart of it all is data.  Simon Fraser University Professor Katherine Reilly joins us to explain the issues arising from this new economic model both in North America and in the developing world.

See CLBR #183 – Santa Monica Takes on Airbnb.

NOTES:  CNN investigation: 103 Uber drivers accused of sexual assault or abuse, CNN (Apr. 30, 2018); Steve LeBlanc, Studies are increasingly clear: Uber and Lyft congest cities, Chicago Tribune (Feb. 25, 2018); Racial and Gender Discrimination in Transportation Network Companies, National Bureau of Economic Research (Oct. 2016).

Airbnb nation: 10% of Icelandic apartments listed on Airbnb: A major cause of rising home prices, Iceland Magazine (Mar 13, 2018);  The High Cost of Short-Term Rentals in New York City, McGill University’s School of Urban Planning (Jan. 30, 2018), Sam Levin, Airbnb gives in to regulator’s demand to test for racial discrimination by hosts, The Guardian (April 27, 2017); Gene Balk, Can’t find a home in Seattle? Airbnb rentals may be to blame, Seattle Times (June 15, 2016); Roy Samaan  Airbnb, Rising Rent, And the Housing Crisis In Los Angeles (Mar. 2015). 

image-img-2000-highProf. Katherine Reilly


Website / Blog@KMAReilly

Professor Reilly is an Associate Professor in the School of Communications at Simon Fraser University in Vancouver. Her work focuses on the impact of digital technologies on development, in particular, the impact of the platform economy in Latin America.

Her work in this area includes Data, the Sharing Economy and Canadian Federal Regulation, Medium (Feb. 16, 2018);  The downside of Uber, Airbnb and the sharing economy, The Journal of Developing Societies (2017).

  • Ph.D in Political Science, Comparative Development, University of Toronto
  • MPPA (Public Policy and Administration) focused on Developing Countries, Carleton University, Ottawa
  • Hns. BES (Environmental Studies) with a double major in Economics, York University, Toronto

She will be speaking at RightsCon (May 16-18) in Toronto.

Simon Fraser University has become Canada’s leading comprehensive university with vibrant campuses in British Columbia’s largest municipalities (Vancouver, Burnaby and Surrey) and deep roots in partner communities throughout the province and around the world.  Its notable alumnus include Canadian hero Terry Fox and First Lady/First Mother Margaret Trudeau.  SFU is also the only non-American university to compete in the NCAA.

Future Shows


  • May 16: ICANN WhoIs and GDPR with Tyler Marandola Ballard Spahr
  • May 23: Bringing Science to Washington with Congressional candidate Jess Pheonix
  • May 30: Silicon Valley and Homelessness with Jonathan Swartz

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