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The Sharing Economy May Never Be the Same.

Not surprisingly, car-sharing demand has declined, according to Turo, though the company would not quantify the dropoff. Car-swap platforms benefits from so-called network effects: the more people who use them, they better they work (and the more richly they are valued by investors like IAC and Softbank). In just a few weeks, however, Coronavirus has reversed and weaponized that chummy feedback loop. Volume, scale, foot traffic—all dirty words at the moment.

The equation is similar across the sharing economy, from the dress racks of Rent-the-Runway to the scooter fleets of San Francisco. Green, the therapist, says consumers are running risk algorithms in their heads at a frenzied pace, a pace that will be hard to slow.

“Are people going to want to come to my Airbnb? Do I want people in my Airbnb?” she wonders. “I do think it’s going to have an impact on how willing we are to engage in the same sorts of social transactions we did before.”

Sunday Strategist: The Sharing Economy May Never Be the Same Breaking down the boldest bets in business

announced it is willing to share all its digital education tools to support other countries’ systems during the crisis.

Estonia offers its digital education solutions for free to support other countries Estonia announced it is willing to share all its digital education tools to support other countries’ education systems during the COVID-19 crisis.