SINGAPORE: The sharing economy held much promise when it burst onto the scene in the not-too-distant past, opening up an avenue for people to earn an income by sharing their underused resources with others.Consumers, too, embraced it in a big way, hoovering up goods and services in nearly every area imaginable — from point-to-point transport and bicycles to accommodation and co-working spaces — typically at low cost.But more than a decade after it began its meteoric rise across the globe, the collaborative movement has come under siege, including here in Singapore.The hype surrounding the sharing economy is fading rapidly, as its original ideals have taken a back seat to the relentless corporate pursuit of profits.Fuelled by the rise of digital technologies — which allowed owners of goods to be matched quickly with those who needed them — the sharing economy was meant to spur higher levels of social efficiency.“Idle resources can be wasted if they are not … [Read more...] about The Big Read: Sharing economy — the next big thing that never was?
Looking for the next big thing
Although many consumers in the “Marketing 5.0” era lead an always-connected lifestyle, offline channels are still necessary, especially for |the auto buying journey, Pairote Cheunkrut, head of Krungsri Auto Group, told a press conference last week. He shared some digital insights that says will help brands win the heart of car buyers and shape the auto finance industry in the 5.0 era. Consumers may use online platforms to search for vehicle or loan information, reading reviews and comparing prices, Pairote began. But those consumers also visit dealerships for test drives and talk to financial advisors before submitting documents, he continued. Thus, auto finance services must be available both online and offline, and all customer data must be synchronised across all channels, Pairote said. “This will allow lenders to deliver a truly seamless customer experience.” He said consumers in the age of Marketing 5.0 are more empowered than ever because they … [Read more...] about Omni-channel shopping shaping up as the ‘next big thing’ in auto finance
By Christopher Mims The Wall Street Journal Fri., Nov. 16, 2018 If it feels like new technologies go from flights of fancy to billion-dollar businesses faster than ever, that’s because they do. Consider that Uber, founded in 2009, started allowing drivers to sign up with their own cars in 2013. Five short years later, the company operates in more than 70 countries and competes with dozens of copycats. It’s considering going public in 2019 at a potential valuation of $120 billion (U.S.), which would make it the biggest IPO in U.S. history by far. When novel software can go from hackathon to app store overnight, and even complex hardware can hit manufacturing lines in months, the determining factor of success is us—as consumers, workers, even regulators. If the pitch works and we bite, a technology can quickly transform our social norms. At the WSJ Tech D. Live conference in Laguna Beach, Calif., this week, what became apparent across dozens of … [Read more...] about What’s the next big thing in tech? It’s up to us
By Doug Smith Sports Reporter Wed., Aug. 15, 2018 He was introduced last among the starters because that’s the treatment stars always get, and the ovation for R.J. Barrett before his collegiate basketball debut eclipsed the one for iconic Duke Blue Devils coach Mike Krzyzewski. When Toronto-area fans next see the teenage sensation in person it may very well be sometime in 2019 at an NBA game, so they were out to enjoy all they could get of the Mississauga product Wednesday night. Barrett, the ballyhooed Duke freshman guard seen as The Next Big Thing in Canadian basketball, didn’t disappoint, finishing with 34 points as the Blue Devils beat the Ryerson Rams 86-67 at the Paramount Fine Food Centre in Mississauga. Teaming up with equally outstanding freshman teammate Zion Williamson, Barrett made 12 of 30 field goals, eight of 14 free throws and had five rebounds. Williamson was virtually unstoppable. He had 29 points, including three three-pointers … [Read more...] about R.J. Barrett looks like the next big thing as Duke pulls away from Ryerson
Nintendo’s next big thing isn’t a video game or a video game console. It’s foldable cardboard. caption This is one of several “Toy-Con” creations that can be built with the starter set of Nintendo Labo. source Ben Gilbert/Business Insider Nintendo “Labo” – pronounced “lab-oh,” like “laboratory” – is an entirely new concept from the quirky Japanese gaming powerhouse. Starting at $70, you get a kit full of buildable cardboard toys to complement the wildly popular Nintendo Switch console. There are games, of course, which are included in the package. More importantly, there are step-by-step instructions for building each of the toys in the set. Think: Lego meets model airplanes, but more fun. I got to try Nintendo Labo back in February ahead of its launch on April 20. What I found was a surprisingly brilliant learning tool aimed at kids growing up in a digital world. Here’s the starter … [Read more...] about I built and played Nintendo’s next big thing, Nintendo Labo — and it was a surprisingly brilliant learning tool