We've stopped trusting institutions and started trusting strangers | Rachel Botsman

Something profound is changing our concept of trust, says Rachel Botsman. While we used to place our trust in institutions like governments and banks, today we increasingly rely on others,...

==========
Let's talk about trust.We all know trust is fundamental,but when it comes to trusting people,something profound is happening.Please raise your handif you have ever been a host or a guest on Airbnb.Wow. That's a lot of you.Who owns Bitcoin?Still a lot of you. OK.And please raise your hand if you've ever used Tinderto help you find a mate.(Laughter)This one's really hard to count because you're kind of going like this.(Laughter)These are all examples of how technologyis creating new mechanismsthat are enabling us to trust unknown people, companies and ideas.And yet at the same time,trust in institutions --banks, governments and even churches --is collapsing.So what's happening here,and who do you trust?Let's start in ...