Thousands of luxury cars are being abandoned every year since Dubai’s financial meltdown. Dubai over the last several years has been facing an unusual problem of high end sports cars being abandoned and left to gather thick layers of dust at airport parking lots and on the roadside across the city. If you’ve ever been […]
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Airbnb doesn’t need to build or own inventory, it facilitates access to existing assets, such as spare rooms, holiday houses, entire islands or treehouses. At the annual Hospitality Financial and Technology Professionals conference (HITEC) in Los Angeles, Rachel Botsman, Founder of Collaborative Labs, talked about how the collaborative economy will transform the hospitality ecosystem. She was talking to a group whose […]
China was the world’s largest economy until 1890 before America surpassed it. By the end of 2014 China is on track to reclaim its crown.
Just 65.9 percent of students who graduated from high school in spring 2013 had enrolled in college by last October. The proportion of high school students in the U.S. who go on to college rose regularly for decades but now appears to be declining.
Older people are quietly moving in with their parents at twice the rate of their younger counterparts. Debbie Rohr, her husband, and twin teenage sons live in a well-tended three-bedroom home in Salinas. The ranch-style house has a spacious kitchen that looks out on a yard filled with rosebushes. It’s a modest but comfortable house, […]
There are many differences between the president’s terms. Overall employment was smaller in the ’80s, so a different comparison might be to look at the percentage change. Of course the participation rate was increasing in the ’80s (younger population and women joining the labor force), and the participation rate is declining now. But these graphs […]
Tesla, the electric car company, is slowly reshaping how people think about driving. Following the same pattern can help any social entrepreneur get people excited about world-changing products. Here’s what Tesla is doing.
A new report, Sharing is the New Buying, offers important insight for big brands who are grappling with the emergence of the Collaborative Economy, and for the startups that are driving this growth. The collaborative economy is a powerful movement in which people are getting the things from each other, it’s a combination of trends […]
The Internet affects the economy differently than the new businesses of the past did. John Doerr, a venture capitalist, predicted in the 1990′s that the Internet would lead to the “the largest legal creation of wealth in the history of the planet.” The Internet has created a tremendous amount of personal wealth. Just look at the […]
Futurist Thomas Frey: Many of us suffer from a sinister and often contagious disorder, something I call just-in-case disease. We own toolboxes full of tools, just in case we need to fix something. We have kitchens full of appliances just in case we want to prepare a meal. We have cars in our garages just […]