Tag: sharing economy

Investing in real estate has long been considered a reliable investment strategy, especially during challenging economic times because, unlike stocks and bonds, property is a tangible asset which offers unique advantages that can accelerate wealth accumulation over time.

Is access the alternative to ownership? In 2011, the sharing economy was dubbed by Time magazine as one of the ‘Ten ideas that will change the world’ and it has been widely hailed as a major growth sector, by sources ranging from Fortune magazine, to the World Economic Forum, to former President Obama.

The 4th Industrial Revolution (4IR) is underway and it is shaping up some of the most significant opportunities and challenges of our lifetime. The surging high-tech, sharing economy is transforming jobs, policies, industries and entire economies as we witness our digital and physical worlds continue to merge.

Although the benefits derived from a sharing economy are substantial, there are some clear legal challenges which might warrant the imposition of restrictions on how these platforms are allowed to operate.

Over the past decade or so, the technology industry has transformed many things we used to buy as physical products into digital services we subscribe to or access on a pay-per-use basis. Think about how we have moved from buying CDs towards paying a monthly subscription to use Spotify, or the shift from DVDs to Netflix.

The effective next-generation digital workplace is not just a traditional workplace enabled by digital technologies. In order to perform as a fully-fledged digital enterprise, organisations need a complete mind-set shift in terms of operations and culture.