The Third Industrial Revolution: A Radical New Sharing Economy

The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? In this feature-length documentary, social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system.

A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment.

This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life. But with climate change now ravaging the planet, it needs to happen fast. Change of this magnitude requires political will and a profound ideological shift.

[wendycooper]

I am 81 and find this so exciting I will have to play it 50 times to try and remember some of it. Go future generations.

[Kaidder]

I’ve been watching this video for 2 years, anyone watching this on 2020? It’s amazing, I’m speechless.

[killiet.]

Albert Einstein — 'Problems cannot be solved with the same mind set that created them.'

[crashbuilds]

I think we're very lucky to have people who think this way in our time, to help steer the course. It's a beautiful and terrifying time to be alive. We need to make it count.

[nkvk]

I watched this without a single advert popping up. Good example. Jeremy is a gem!

[Derrowssi]

Sharing economy! That's what Uber and Airbnb said before taking your money and pouring it to the pockets of invisible rich investors while at the same time throwing the gig workers under the bus!

[jamesclark]

The 2008 financial crises was not caused by high oil prices.It was caused by loose lending by the banks, mortgage derivatives.

[snningjezus]

Im crying. Im crying hard. My mom taught me this had to happen and she died drained and almost hopeless. They are finally truly changing and finally seeing everything at the same time. It's all connected. We are all connected.

[funny-video-YouTube-channel]

*He is right:* thinking about *better solutions and better technology* will be much more productive.

Talking in a loop about problems will not change a thing. We need to talk about solutions and how to resolve the situation of our massive impact on the planet !

The solutions provide a guide, while talking about problems breeds desperation, depression and fear. I think, it's more productive to talk about better solutions and technology.

[dr.zoidberg]

This was a fascinating talk. I would love to see a dispassionate, well-reasoned rebuttal from an equally qualified speaker.

Trouble is, all the rebuttal I'm seeing in this comments section is yelling "COMMUNISM!" & shitting on the floor. Real compelling, there.

[thereGoMapo]

Youtube, Spotify, Google, Amazon, Apple, AirBnB, Uber, Lyft, Kickstarter, Go Fund Me. They all get a piece of your pie. To really get to zero marginal cost, you have to move your content to alternatives not be locked in.

[hugohabicht]

The climate is changing with and without us. No point fighting it. One need to focus on dealing with it.

[theonewithnoname]

Every time I come back and watch this I see more and more that I didn’t the time before and All I can do is hope that we as a species can all come together instead of be so heavily divided against ourselves

[Tobstar]

He has given me a lot to think about!

Hi Vice, it would be great to hear from Jeremy about 2020 and how covid affected productivity and world economics.

[stephenboyd]

People have left tons of great, articulate reviews. All I'll say is thank you Vice for getting this content to me. It took 4yrs, but you were the first. And videos like this make me wish YouTube had a ❤ button. Lastly, for this particular video, I wish a petition was in the description

[waypedia]

I'm reading the comments and it seems most people here didn't get this... This is not based on the socialism and communist system. He repeatedly said this will involve human power, private sector, government and social sharing... making a post on Wikipedia, a song or help at the local community would be the start, it will scale up once you get free energy, cheap water, etc etc This is revolutionary indeed! I work from home doing apps, my car uses my solar panel to charge it, I already eat less meat and buy less clothing. This still early and it will scale... Just think about it if you would say 10 years ago that you will send your daughter to school in a strangers car and meet the love of your life throu a phone you would probably said it's insane. I said that about cars and now my tesla drives better than me :)

[efortune]

Thumbs up if you know Jacque Fresco, Peter Joseph and a Resource Based Economy. There are a lot of thinkers out there who have considered a Post Scarcity economy. It's worth understanding and pushing for.

[sambrunt]

For me, this is the first clear explanation of how decentralized cooperatives with large scale economic power can turnabout the revolution needed for the betterment of all life on this planet.
Thank you!

[djosearth]

Love this speaker is it social and economic theorist *Jeremy Rifkin.* "don't sell out" is his best quote of hundreds

[amrutatre]

When I saw the video length at first, I wasn't sure I would watch it completely. The video was very gripping and informative. So much information. It's hard to imagine how much time and work it's going to take to achieve what he's explained here.