Sharing Economy: Mayor Announces Policy Group on Collaborative Consumption

Mayor Announces Policy Group on Collaborative ConsumptionMayor Edwin M. Lee, Board of Supervisors President David Chiu and Supervisors Mark Farrell, Jane Kim and Scott Wiener today announced the nation’s first-ever policy group formed to take a comprehensive look at the economic benefits, innovative companies and emerging policy issues around the growing “sharing economy.” The sharing economy, also known as “collaborative consumption,” uses technology and social media to promote the sharing and re-use of underutilized assets such as cars, bikes, tools, rooms, spaces, skills and other goods. The growth of the sharing economy has been driven by the success of innovative companies and organizations like City CarShare, ZipCar, RelayRides, Airbnb, Getaround, Taskrabbit, Shareable, Vayable and more, many headquartered in San Francisco and creating a growing number of local jobs and local economic benefits.

“The growing ‘sharing economy’ is leveraging technology and innovation to generate new jobs and income for San Franciscans in every neighborhood and at every income level,” said Mayor Lee. “As the birthplace of this new, more sustainable ‘sharing economy,’ San Francisco must be at the forefront of nurturing its growth, modernizing our laws, and confronting emerging policy issues and concerns.” Read more.

Posted on March 27, 2012 | The comments to this entry are closed.