Jeremy Rifkin | Street Fight

Why Retail Will Face the Same Fate as the Media Industry

Steven Jacobs

Why Retail Will Face the Same Fate as the Media Industry

Jeremy Rifkin, the prolific author who has served as an advisor to a number of world leaders, believes that the astronomical investments in Uber and Airbnb signal the breaking of a long-held “firewall” that kept the transformative effects of the Internet contained to the virtual world. Here Rifkin discusses why a small reduction in margins could kill traditional retail…