# In a radio interview, Professor Arun Sundararajan offers insights on how the sharing economy is changing how we live and work

1 Faculty News August 15, 2019 ![CBC logo](/sites/default/files/styles/246w/public/assets/images/con_030877.jpg?itok=hGNV0pzL)>

Excerpt from [CBC](https://www.cbc.ca/listen/live-radio/1-38-maritime-noon/clip/15731700-purse-returned-40-years-after-it-was-stolen-rise-of-the-sharing-economy) -- "A lot of different people have different conceptions of what this term \[i.e. the sharing economy\] means. I define it pretty broadly. I define it as any new way of organizing economic activity that uses a digital platform to tap into the time and assets of a distributed group of people. So Airbnb, for example, offers an alternative to traditional hotels, not by building hotels, but by connecting to millions of people who are willing to host a guest for a few days, either in a spare bedroom or by handing over their apartment to them for a few days."

[Listen here](https://www.cbc.ca/listen/live-radio/1-38-maritime-noon/clip/15731700-purse-returned-40-years-after-it-was-stolen-rise-of-the-sharing-economy)