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That we regret the rise of the sharing economy (e.G. Airbnb)

Asked by: CassaBishop14
  • Big companies sharing data

    Sharing-economy businesses have an inherent information advantage, tracking their customers and choosing what information to share with users, regulators, and the public. That knowledge gap can be used to manipulate consumers and evade government scrutiny,In many cases, companies like Uber are the only ones in possession of the data that would be needed to determine if their platforms are behaving fairly—in Uber’s case, only the company has the information to verify it applies price increases consistently across passengers, or correctly times how long drivers wait for passengers before canceling a trip, or properly measures the rate at which drivers accept ride hails,

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