Companies such as Uber, Lyft, and Airbnb have been growing in popularity in the Pittsburgh region. Today’s special look into the sharing economy begins with Robert Morris University Economics Professor Brian O’Roark, who discusses the business models and the effects of the sharing economy.
According to O'Roark, the sharing economy itself is not new, but the widespread scale of it is a recent development:
"The idea of a sharing economy has actually been around for some time, but this taking off of the sharing economy -- the expansion of the sharing economy to things like tools and meals and even clothes -- is much more of a recent phenomenon." -- Brian O'Roark
Also in the program, Sociologist Kimberly Creasap talks about the role of trust in the sharing economy. In addition, we hear from Pittsburghers Bruce Chan, Andrea Wetherald and Frank Battista about their own experiences with different sharing platforms. And finally, Marty McGough of Campos Research Strategy compares the new system of sharing to older models.