# Prof. Arun Sundararajan on the emergence of the sharing economy

1 Faculty News September 2, 2013 ![Los Angeles Times logo](/sites/default/files/styles/246w/public/assets/images/con_032838.jpg?itok=d4eVwIbD)>

Excerpt from the [LA Times](http://www.latimes.com/business/la-fi-airbnb-economy-20130903,0,6261562.story) -- "'This is the first stage of something more profound, which is the ability of people to structure their lives around doing multiple sharing-economy activities as a choice in lieu of a 9-to-5, five-day-a-week job,' said [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University. 'This is technology-driven progress,' he said. 'This is what it's all about.'"

[Read more](http://www.latimes.com/business/la-fi-airbnb-economy-20130903,0,6261562.story)