Benefit from collaborative consumption

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What are some other markets that could benefit from collaborative consumption? What might hinder these new markets from being profitable?

Many successful companies are started to fulfill a need. What need did Airbnb fill? Why weren't hotels fulfilling this need? Are hotels and Airbnb fulfilling the same need, or are they offering different products for different needs? Would consumers use both traditional hotels and Airbnb for different purposes? Why?

Collaborative consumption utilizes idle resources. Could this same principle be applied to the human labor market? How? What impact might this have on the workforce? Airbnb doesn't own any hotels, yet it is the largest accommodation provider in the world. Could the largest organizations in the world have no employees? How?

Reference no: EM132392420

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