By World Economic Forum on youtube.com
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The sharing economy is an alternative form of employment that has become mainstream in recent years. It is based on economic efficiency, allowing people to unlock the value of underutilized assets. Technology has enabled us to make assets liquid through networks and marketplaces. Regulation is being put in place to protect the interests of local populations without stifling innovation. The concept of sharing economy is not new, but it is moving into new dimensions, allowing people to express their identity and status without physical consumption.