Whether the sharing economy can bring prosperity to the Internet economy?

Disadvantages of sharing economy: it cannot bring about stable economic growth in the long run

  1. Sharing power bank: Sharing power bank was a very popular industry in the past few years, people can borrow and return power bank anytime and anywhere, but now with the cost control of power bank companies, power bank can not be quickly updated, which leads to the efficiency of power bank is greatly reduced, and the price of power bank rental has also increased by four times, which is contrary to the principle of sharing economy.

Source:”File:Shared Power Bank operated by Monster in Xiamen.jpg” by Shwangtianyuan is licensed under CC BY-SA 4.0.

The benefits of the sharing economy

2. Tesla open patents: Tesla open patents to the public for free, this move helped other car companies to build vehicles and accelerate the world into the e-car age, it can not be ignored that Musk’s patent sharing behind the promotion of countless people’s .Human beings have a cooperative spirit.

Source:”TELSA dream” by Francois Karm is licensed under CC BY 2.0.

3. Shared bikes: Benefits brought by shared bicycles: As a part of the sharing economy, shared bicycles actually bring convenience to people’s travel. When people are anxiously waiting for trains or taxis, shared bicycles on the roadside can be rented by just scanning the QR code with their mobile phones and are ready for use at any time. It is true that the emergence of shared bicycles has brought some troubles, but these troubles are basically related to management and do not conflict with the original intention and purpose of shared bicycles.

Source:”Spotcycle: Divvy bike sharing iOS app review” by Steven Vance is licensed under CC BY-NC-SA 2.0.

Edited by Brenner JIA and Yuwei Zhang

Date: 13/09/2023

Reference List:

Jayasinghe, I. (2019, June 4). Tesla patents are freely available for public — How can this brave move impact the growth in…. Medium. https://medium.datadriveninvestor.com/tesla-patents-are-freely-available-for-public-how-can-this-brave-move-impact-the-growth-in-f0861e006279?gi=7b99b56ad68f

PETE, B. (2022, November 7). Sydney Bike Share: Everything You Need To Know. Beastie Bikes Australia. https://www.beastiebikes.com.au/bike-share-sydney/

ProQuest (Firm) (Ed.). (2016). Sharing Economies. In John, The age of sharing (pp. lviii–lxxvii). Polity.

John, N. A. (2016). The age of sharing. Polity Press.