Experience Stern | News & Events

Excerpt from Fortune -- "I think the shift is fundamentally good for the following reasons: We're moving the role of the individual from being a provider of labor or talent in exchange for a wage from the institution to actually being part owner. Being someone who runs a small business through an institution. So you go from working for a hotel to being an Airbnb host that's running a small business through the hotel. You go from driving for someone else as an employee to being an Uber driver. You go from working in a retail store to being an Etsy seller. So as the role of the individual shifts from being laborer to being owner, we're going to in the long run, reduce inequality because we're spreading the ownership of capital in society across a broader range of people."

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