Decentralization 2.0: Beyond the semi-monopolies of Uber and Airbnb

Four years ago, on Christmas Eve in my small hometown of Yakutsk, the temperature fell down to freezing -45°C and all the local taxi services simultaneously doubled their prices — leaving loads of people stranded in the Siberian winter. Angry and frustrated, a bunch of students formed a public group on VK.com, a popular Russian social network, where anyone could submit a request for a ride, and those who owned cars could accept their calls for help. A year later the group had 50,000...

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