access economy

The access economy refers to a model where people prioritize access to goods and services over owning them. Instead of buying items, individuals often rent or share assets, like cars or tools, typically facilitated by digital platforms. This shift promotes efficiency and convenience, allowing users to enjoy experiences without the burdens of ownership, such as maintenance costs. Examples include ride-sharing services like Uber or home-sharing platforms like Airbnb. The access economy can lead to cost savings for consumers and more sustainable use of resources, reflecting changing attitudes towards consumption and ownership in modern society.