Our class is currently learning about collaborative consumption. Don't know what collaborative consumption it is? Check it out here. The concept of collaborative consumption can be summarized as consuming and sharing as a community. The TED talk is incredible and I feel that the concept of collaborative consumption is revolutionary. It has the potential to change the way we function as a society.
Relay Rides is a company based around the concept of collaborative consumption. It is a revolutionary service that is reinventing car ownership. The company borrows cars from car owners by the hour or by the day. Think about it, car owners use their cars for an average of 1-2 hours a day. Why not loan your car out during those idle hours to make some money? The car owner gets money and someone else gets to fulfill their need for a car for a temporary timeframe. Its a mutually beneficial concept. To learn more about this company navigate to http://relayrides.com/.
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