> Vested interests can fight as much as they want, but this is a done deal
I think this is absolutely the case. Right now we're seeing what happened in the early days of Napster. The RIAA and governments were shocked shocked at the widespread disregard for the law. Now a decade or so later it's common and widely accepted that breaking copyright is just something that happens.
Airbnb & Homeaway/VRBO & Craigslist are currently the exchanges for a p2p transaction, like Napster or Kazaa were for music. I suspect they will be targeted by existing interests and governments and they might even be taken down in some jurisdictions. But if they do, more will pop up in their place, as always seems to be the case in distributed p2p markets.
I expect the endgame to be similar. In some number of years, there will be "legitimate" ways of doing this, that let the governments take taxes easily and provide some sort of baseline regulation/dispute-settling/insurance, like how the Napsters and Kazaas paved the way and eventually led to services that work more inside the system instead of usurping the system. The under-the-table versions will never go away entirely, but if you can give me a basically hassle-free way of doing the same thing in a sanctioned manner (were I looking to rent out some space of my own, I'd greatly prefer a service that took care of the insurance, liability, and legality issues for me), I'm going to choose that. The question I'd love to know the answer to is just how much AirBNB plans on working with governments and insurers.
I think this is absolutely the case. Right now we're seeing what happened in the early days of Napster. The RIAA and governments were shocked shocked at the widespread disregard for the law. Now a decade or so later it's common and widely accepted that breaking copyright is just something that happens.
Airbnb & Homeaway/VRBO & Craigslist are currently the exchanges for a p2p transaction, like Napster or Kazaa were for music. I suspect they will be targeted by existing interests and governments and they might even be taken down in some jurisdictions. But if they do, more will pop up in their place, as always seems to be the case in distributed p2p markets.