Shakespeare wrote that the course of true love never did run smooth. And so it seems sometimes that neither does the relationship between society, industry, government and tech companies.
In recent years we've seen a number of high profile cases where tech companies have clashed with other institutions - from data leaks, to cyber security, to taxation....
....and now it seems, the way we live. This situation, summarised neatly in the cited article, looks at law changing the way in which properties in New York State can be let. Some are casting it as an attack on AirBnB - a company that we know has shaken up the way people rent property, go on holiday and monetise empty rooms.
I don't know if it is. And whilst it not on its facts relevant to how we rent property on this side of the water, it does neatly shows 2 key things:
- firstly, the extent to which tech now infiltrates, and facilitates, such a large portion of our lives.
- secondly, the relatively niche aspects of behaviour that disruptors focus on.
Business has had many thousands of years to develop - finding a way to change it becomes harder. That's the challenge disruptors face. Hence many try - but many also fail as the change needs to be beneficial and solve a problem.
AirBnB's success comes from allowing us to leverage our property in ways that previously weren't available to us, or were but the financial trade off didn't work.
This change is however in practice relatively small (but incredibly well delivered), and so it doesn't take much in terms of law/practice change to potentially cause it a headache (albeit here, only in one state).
The New York State Senate has passed a bill that would make it illegal to advertise short-term rentals (less than 30 days) for entire homes on Airbnb.