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The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.
This model of capitalism has emerged and expanded with the rise of the Internet and digital technologies, transforming various sectors of the economy from retail and transportation to media and labor markets. [1] [2] Four main facets of platform capitalism are: crowdsourcing, sharing economy, gig economy and platform economy.
The digital economy is a portmanteau of digital computing and economy, ... precision agriculture, algorithmic economy, sharing economy, and gig economy.
Both Scholz and Schneider would later credit the work and provocations of other researchers and digital-labor advocates as their inspiration, including, among others, lawyer Janelle Orsi of the Sustainable Economies Law Center, who had "called on technology companies in the so-called "sharing economy" to share ownership and profits with their ...
Platform economy visualization. The platform economy encompasses economic and social activities facilitated by digital platforms. [1] These platforms — such as Amazon, Airbnb, Uber, Microsoft and Google — serve as intermediaries between various groups of users, enabling interactions, transactions, collaboration, and innovation.
In addition to this typical approach, the built-in control, efficiency and low cost of digital marketing channels is an essential features in the application of sharing economy. [107] Digital marketing channels within the sharing economy are typically divided into three domains including, e-mail, social media, and search engine marketing or SEM ...
The sharing economy is built on the sharing of underused assets, both tangible and intangible. If people start sharing underused resources or services, this will decrease not only their material waste but also their waste of resources. There are broadly two forms of collaborative consumption:
The Digital Cooperation Organization (DCO) is a global multilateral body launched in November 2020. [4] It aims at enabling digital prosperity for all by accelerating the sustainable and inclusive growth of the digital economy and facilitating cooperation in response to the dynamic challenges of the digital era. [5]