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Why Big Companies Don't Need To Make Or Own Things

geralt/Pixabay

One of our country's leading car-hire companies does not own the cars it hires.  Likewise, some of the major players in the overnight lodging business do not own lodging. 

Owning assets or money is less important in today's economy than owning information.  That's what makes Uber and AirBNB so successful. 

Viktor Mayer-Schönberger considers this new landscape in his book with Thomas Ramge, Reinventing Capitalism in the Age of Big Data

What lies ahead, prosperity, calamity, or something in between?  Thomas Ramge joins us.  

 

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Geoffrey Riley is a graduate of the University of Missouri School of Journalism and has hosted the Jefferson Exchange on JPR since 2009. He's been a broadcaster in the Rogue Valley for more than 35 years, working in both television and radio.
April Ehrlich is an editor and reporter at Oregon Public Broadcasting. Prior to joining OPB, she was a news host and regional reporter at Jefferson Public Radio.