The “as-a-service” model of platforms such as Airbnb, WeWork and Uber disrupted industries, created competition for incumbents, and offered the promise of side-hustles and extra income to Joe Public. The principle remains alluring: we don’t have too little, we have unequal distribution.

By listing your spare bedroom for rent or adding your car to a ride-share scheme you would make money, help those who need those services, and reduce the nonproductive downtime of such assets. In 2024, though, many are starting to look askance at the model and ask if the dreams of the digital-enabled sharing economy have morphed into a nightmare of insecure gig jobs and rising rents...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.