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Wonder Cabinet

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Wonder Cabinet

Wonder Cabinet Productions

Society & Culture, Wonder, Philosophy, Ttbook, Knowledge, Interview

4.81K Ratings

🗓️ 5 June 2016

⏱️ 52 minutes

🧾️ Download transcript

Summary

With the help of a smartphone app, you can now order dinner, hire a driver, or even schedule a housecleaner. Whatever it is you need, there's probably an app for that. But does all this convenience come at a cost? This hour, the rise of the on-demand economy, and how it's changing the nature of work. How The Sharing Economy Is Reshaping Capitalism; America In The Age Of Instant Gratification; What It's Like To Work In The On-Demand Economy; Temporary And Part-Time: The Rise Of A New Precarious Workforce; Are Human Beings Actually Rational?; Why Do We Work?.

Transcript

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0:00.0

Hi, I'm Anne Strandchamps. Say you're running late for a meeting. Do you call a cab? You could,

0:07.3

but you could also punch up Uber on your smartphone. And in just a few minutes, you'd be climbing into a backseat.

0:14.1

So that's just the latest example of the new on-demand or sharing economy. And today, on to the best of our knowledge from PRI.

0:22.2

We're going to take a look at how it's changing the nature of business and of work.

0:28.3

The idea was that cars are placed throughout the dense cities, that you can get them 24-7,

0:33.8

that's between you and the car, there isn't someone in between, and that you're completely

0:37.8

in charge.

0:38.8

That's Robin Chase.

0:40.1

She's the co-founder and former CEO of Zipcar.

0:43.4

And back in 1999, she had this radical idea.

0:47.3

What if you could make renting a car as simple as getting cash from an ATM?

0:52.2

In 15 seconds, you could rent a car and go up to it, place your car to get in.

0:57.2

Now, this was 1999.

1:00.5

The prevailing wisdom at the time was that Americans wanted to own cars, not share them.

1:05.9

But Robin was living in Boston at the time.

1:08.3

She had young children, and she knew a lot of people who like her

1:10.9

didn't want to own a car in the city, but still wanted to be able to use one. Plus, there

1:17.1

was this new thing called the internet.

1:18.6

A light bulb went off over my head and I said, wow, this is what the internet is made

1:22.8

for, and this is what I personally want and need in my daily life.

1:27.2

So Robin and a friend launched their company.

1:29.6

And just to explain what a wild idea this was, at the time, only about half the country had access to the internet.

...

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