So the title is a little excessive on buzzwords I totally acknowledge that, but I am trying to be better about semi-regular posts, so it was bound to happen
As planet Earth's population continues to grow we as a global civilization must work to find ways to improve the standards of living for all while reducing the environmental impact of providing said improvements. In theory the concept of the sharing economy has the potential to empower communities find the greatest benefit from a given object, be it an umbrella, an electric screw driver, bicycles, etc..., currently apps and services do a reasonable job of providing access to whatever rent-able device you need, but what these services don't do is provide object owners with a clear way of knowing how much potential benefit they could get from renting out their underused vacuum cleaner. As the internet of things slowly matures, packages with sensors and computers are getting smaller and smaller, eventually these devices will become small enough and cheap enough that almost every expensive item in a home could have the ability to tell their owner, where they are and what they are up to. With this information over time a user could determine that they in fact do not use their vacuum every day of the week, and in fact most weeks they only use it during one particular day. Armed with this information people can now make the decision to put their vacuum on VacuuShr and make money from their device.
Realistically people are unlikely to want to share everything, but as rapid distribution services become more effective and people have hard data to help them avoid owning things that make more sense as a rental. By being able to accurately gauge where inventory is everyone can more effectively manage our civilizations limited resources.
One potential business model could be something to this effect, home tools as a subscription, instead of owning complex hardware, you have a local subscription service that works in tandem with either a drone delivery platform or a car delivery system. Users request whatever they need, delivery systems rapidly bring your order to your front door, and when you are done someone comes by to pick it all up. The extra benefit of having everything having an inbuilt IoT controller is that the user's home system can help them find that object when they need to return it.
Another perk is knowing what you should just get rid of. Some day in the future every mid-ticket purchase and above could have an embedded IoT sensor that measures a devices use and location, if you haven't used something in a pre-specified period of time your house asks you if it should post your old treadmill on Ebay for you.
This idea was inspired by a TED talk whose title I am unsure of at this time(10/7/2015), the book Makers by Cory Doctorow, and the article I linked above about shareable umbrellas.
As planet Earth's population continues to grow we as a global civilization must work to find ways to improve the standards of living for all while reducing the environmental impact of providing said improvements. In theory the concept of the sharing economy has the potential to empower communities find the greatest benefit from a given object, be it an umbrella, an electric screw driver, bicycles, etc..., currently apps and services do a reasonable job of providing access to whatever rent-able device you need, but what these services don't do is provide object owners with a clear way of knowing how much potential benefit they could get from renting out their underused vacuum cleaner. As the internet of things slowly matures, packages with sensors and computers are getting smaller and smaller, eventually these devices will become small enough and cheap enough that almost every expensive item in a home could have the ability to tell their owner, where they are and what they are up to. With this information over time a user could determine that they in fact do not use their vacuum every day of the week, and in fact most weeks they only use it during one particular day. Armed with this information people can now make the decision to put their vacuum on VacuuShr and make money from their device.
Realistically people are unlikely to want to share everything, but as rapid distribution services become more effective and people have hard data to help them avoid owning things that make more sense as a rental. By being able to accurately gauge where inventory is everyone can more effectively manage our civilizations limited resources.
One potential business model could be something to this effect, home tools as a subscription, instead of owning complex hardware, you have a local subscription service that works in tandem with either a drone delivery platform or a car delivery system. Users request whatever they need, delivery systems rapidly bring your order to your front door, and when you are done someone comes by to pick it all up. The extra benefit of having everything having an inbuilt IoT controller is that the user's home system can help them find that object when they need to return it.
Another perk is knowing what you should just get rid of. Some day in the future every mid-ticket purchase and above could have an embedded IoT sensor that measures a devices use and location, if you haven't used something in a pre-specified period of time your house asks you if it should post your old treadmill on Ebay for you.
This idea was inspired by a TED talk whose title I am unsure of at this time(10/7/2015), the book Makers by Cory Doctorow, and the article I linked above about shareable umbrellas.
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