LOCAL SPIN 01.30.14 - Search the phrase “sharing economy” on Twitter, and dozens upon dozens of results pop up. Oakland-based journalist/illustrator Susie Cagle, asked how she would explain the sharing economy to her grandmother, tweets: “It’s an under-regulated economy backed by venture capital and promoting precarious work.”
Fresh off an apparent victory in which a New Yorker fined for renting a room out through Airbnb had his penalty overturned, the sharing economy's marquee company says its "hosts" should collect room taxes just like hotels.
The peer-to-peer lodging platform celebrates its presence in L.A. with the launch of a city-wide 'hospitality experience' revolving around modular studios with interiors curated by Angelica Huston, James Franco and others.
Although most of the systems share several characteristics—bikes with low theft value, electronic docking stations, tiered payment scales—different cities are trying different ways to make bike sharing work.