Daniel Nissanoff

The author of FutureShop talks to TIME's Nadia Mustafa about how eBay allows us to get more of what we want, when we want it

HOW WILL WE SHOP IN THE FUTURE? Historically, we have bought things with the expectation that we're going to own them until they break or we give them away. We're evolving into a more efficient, temporary-ownership society, in which we buy things with the expectation that at some point, we'll trade up, similar to how we own cars.

EBAY'S 180 MILLION USERS MADE $44 BILLION IN TRANSACTIONS LAST YEAR, BUT ONLY 5% OF THOSE WHO BOUGHT ALSO SOLD. WILL THIS CHANGE? There is $2,200 in unused goods sitting in the average U.S. household, which adds up to about half a trillion...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!