Everything Arun Sundararajan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Sundararajan: Gig Economy Capital Ownership Could Reduce Long-Term Income Inequality
“So by the same argument, if we increase the fraction of the population who are owners, if we shift people away from being labor providers and towards being owners of tiny short-term accommodation businesses on Airbnb, of tiny retail operations on Etsy, of like…”
Sundararajan: Sharing economy value growth will skew toward below-median income earners
“My own research has shown that if you project what the sharing economy is doing forward, a significant fraction of the value creation is captured by people below median income. In fact, the rate of growth of the value creation for people below median income is…”
Sundararajan: Top platform earners make $1.20 per $1 bottom earners make
“They find that the top 20% of income earners are earning a little more through the sharing economy than the bottom 20%. But you look at that distribution, you compare that to the actual income distribution, and you see that it's redistributive, which is that P…”
Sundararajan: Regulatory responsibility should be delegated to data-holding platforms
“I think the most exciting potential comes from looking where the data to solve a problem is, And then delegating regulatory responsibility to the party that holds the data.”
Sundararajan: Sharing economy will force a paradigm shift away from GDP
“As crowd-based capitalism goes mainstream, it's going to highlight how there's a big disconnect between what we're measuring, which is GDP, And what we value as the things that really point to progress. And so as this gap starts to grow, I think much like ther…”
Sundararajan: Sharing economy creates millions of entrepreneurs alongside tech billionaires
“Alongside each tech billionaire that the sharing economy creates, it also creates millions of small entrepreneurs, and this distinguishes the sharing economy from some of the technological advances that preceded it.”
Sundararajan: US will not adopt a fully government-provided safety net
“I don't see the U S at least as moving towards a model where the government is going to provide the entire social safety net.”
Sundararajan: Portable safety nets will prove more efficient than employer benefits
“So I actually think that where we end up eventually will be far more efficient than each company individually stabilizing income and paying for vacation for their full-time employees.”
Sundararajan: Demographic bias directly reduces worker ratings on gig platforms
“If you happen to belong to a particular category where people are biased against you your ratings are gonna suffer as a consequence, and so that's something that we have to think about carefully.”
Sundararajan: Crowd-Based Capitalism Replaces 20th-Century Corporate Structure With Distributed Markets
“The crowd-based has to do with a shift away from traditional twentieth-century institutions that would hire their own employees and acquire their own resources. And, you know, then produce goods and services for us, and the capitalism part is to underscore the…”
Sundararajan: Gig worker safety nets will evolve rapidly within 20 years
“I'm confident that the pace at which we make progress in creating this new social safety net will be far more rapid over the next 20 years than it was like a hundred years ago.”
Sundararajan: Gig platform ratings will increasingly determine access to future work
“It raises the specter that as we become providers through platforms, that rating that you have through a platform and that portfolio of work that your platform provision represents will increasingly become What determines whether or not you get access to futur…”
Sundararajan: Sharing economy regulation is growing via non-governmental platform entities
“What seems to be happening is that regulation is actually growing, except the party that is conducting the regulation is largely non-governmental.”
Sundararajan: HOAs and non-platform stakeholders will adopt Airbnb regulatory enforcement
“Well, I think it's actually going to evolve to other stakeholders and not just the platforms also being part of the regulatory solution. For example, homeowner associations may become the entity that decides a building's policy towards Airbnb.”
Sundararajan: India's mobile phone access grew from 10% to 80% in two decades
“About 80% of India now has access to a mobile phone. A couple of decades ago that was just 10%, and so we've not just seen an increase in consumer surplus here, but we've seen, like, a tremendous reduction in inequality of access that just doesn't get picked u…”