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This summarizes why we can't have nice things. As Airbnb scales, the problems scale too. Unless they started seeing serious financial implications putting the i
by siruncledrew 8y ago
This summarizes why we can't have nice things. As Airbnb scales, the problems scale too. Unless they started seeing serious financial implications putting the investor dollars at risk, Airbnb basically has no choice but to scale to 'sustain the machine' and stay competitive (monopolistic) in the shared-lodging marketplace.
Airbnb sounds good in theory - like when the founders described how they came up with the idea after they started making side money letting travelers crash at their pad and jovially cooking breakfast with their guests. There's other people out there that could share their homes with nice strangers and enjoy these fun bonding experiences with guests too, right?
However, this theory goes out the window once the platform is opened up to the world for all kinds of good, bad, and in-between actors to use.
Now we have guests/hosts stealing from each other, scamming each other, pulling nefarious acts, and destroying the housing markets of various communities. And Airbnb throws up their hands from the sidelines and apathetically wonders "What could we do? ¯\_(ツ)_/¯"
- Retra 8y agoOnce could argue that this sort of thing happens because people are very quick to try and turn any value-making proposition into a money-making proposition, as though the relationship between the two were simple and obvious, or often, equivalent. Some things are no longer valuable when you intend to extract that value as money. That's why the poor king doesn't hire cheap mercenaries to protect his kingdom. Sentiment has nontransferable value.