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Hi, everyone. Welcome to the A6 and Z podcast. I'm Sonal, and I'm here today with Arun Sunderarajan,

who's a professor at NYU's Stern School of Business, and he's a longtime expert on the so-called

sharing economy. The reason I say so-called is because a lot of people have a love-hate relationship

with that phrase. They've proposed alternatives like gig economy. There are lots of

other proposals on the table. For lack of a better phrase, we're going to stick to it. And the other

reason we're going to stick to it is because it happens to be the title of Arun's new book, which is

called The Sharing Economy, the End of Employment and the Rise of Crowd-Based Capitalism. Welcome, Arun. Good to be here, Sonal. Well, it's funny, Arun, because as you

recall, we wrote an op-ed about four, over four years ago in Wired. And I think it was one of the

very early op-eds. We didn't coin the term by any means. But I did do a Google search at the time,

and I only saw it use in a few places. And I remember having a little fight with the headline desk because the title of the op-ed is why the

government should not regulate the sharing economy. And they were like, what the hell is the sharing

economy? Well, for the next few years, I had to deal with being the guy who wrote, why the government

doesn't need to regulate every time I spoke to government officials. And so the positive part of that, I guess, is that, like,

a lot of people in government did in fact read that op-ed. And the first one I wrote about regulating

the sharing economy. Well, that makes me happy to hear that. The term has been around for a while.

And I think we do talk about it a lot, but you're writing one of the early definitive books on the topic. I actually would love to deep dive on some of the things that people don't talk about.

You have a subtitle called The End of Employment and the Rise of Crowd-Based Capitalism.

And that part is what I find very intriguing.

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