Back to hiring employees and owning good old fashioned assets
“These entrepreneurs are not launching technology companies or even "on demand" companies. They are instead starting child-care companies, retail stores, restaurants, and laundry services that use mobile technology not only for delivery, but as a way to be more efficient at every step of their operations. "You’re seeing models evolve," says Ron Johnson, the former CEO of J.C. Penney and creator of the Apple Store, who nine months ago started a mobile-enabled electronics retailer called Enjoy. "And that’s what you’d expect in a new area of the economy."”
There is no one name—whether sharing economy, gig economy or on-demand economy—that captures the diversity of this disruption. But it’s clear that the demand for this way of working and consuming is profound. According to a first-of-its-kind poll from TIME, strategic communications and global public relations firm Burson-Marsteller and the Aspen Institute Future of Work Initiative, 44% of U.S. adults have participated in such transactions, playing the roles of lenders and borrowers, drivers and riders, hosts and guests. The number this represents, more than 90 million people, is greater than the number of Americans who identify, respectively, as Republicans or Democrats.
As he navigates, he is focused on rollouts of new services like UberPool, which encourages carpooling, and the development of driverless cars. (Uber recently plucked researchers from Carnegie Mellon to get into that race along with other firms like Google, Tesla and Ford.) He’s also thinking about his next big disruptive idea, which could take on the deeply entrenched real estate industry.