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