The trusting economy? How peer-to-peer is changing work
Policymakers around the world are struggling with how to respond to the peer-to-peer economy. Millions of people use online peer-to-peer technologies to find matches for products, work, transport, accommodation and finance. Further afield, hospitals match kidney donors and recipients, and new digital currencies are emerging.
Some talk of a ‘sharing economy’, implying a wholesale alternative to today’s largely market-based system. Others argue that the new platforms erode labour and other community standards. What is sure is that not everyone will emerge a winner: the peer-to-peer economy disrupts existing industries and occupations. The new technologies also challenge policymakers across tax, consumer protection, competition, and community access.
Professor Ian Harper, who recently chaired the national Competition Policy Review, joined Dr Nicholas Gruen, CEO of Lateral Economics and previously chair of the Government 2.0 Taskforce, and Dr Jim Minifie from Grattan Institute in this Policy Pitch discussion about the peer-to-peer economy.