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Finally, Airbnb extends the opportunity for supplemental income to hundreds of thousands of households. I think it is no coincidence that the sharing economy took off during the economic crisis, when people throughout the United States and Europe needed extra income. Half of Airbnb hosts are modera…

[...] "Before Uber there was in Milan, Italy, in Lyon, France, two or three mini-cab companies that used to compete [...] They've all ceased to exist. The same thing will happen all over the world. You will still have drivers. But that's the most unskilled job in the line. The rest of the money wil…

[...] When I last checked, there were more than 600 castles available, with prices often approaching $10,000 a night. There is absolutely nothing wrong with this, but the techno-utopianism behind its origins and narrative has long been passed by economic reality. In some cases, the sharing economy …

[...] underemployment for young engineers. Radicalization, unemployment, and engineering skills are a nasty combination. Many suicide bombers and bomb makers that Hamas has produced have come with this background. The best way for the West Bank to not end up like Gaza is through economic integratio…

Jack is also driving for Square to help combat the inequality that has proliferated alongside innovation. He makes a point of holding Square events in cities like Detroit and St. Louis that have suffered as manufacturing jobs have left the United States. He views Square as a product that can help t…