The Reason Roundtable

Are You Ready for the "Intimacy Economy"?


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We've all heard of the "sharing economy" and the "gig economy," app-driven services such as Uber and Airbnb that have radically altered transportation, travel, and an infinite number of other business sectors.
But are you ready for the "intimacy economy"? That's economist and media-studies professor Glenn Platt's term for the ways in which the internet and connectivity are shrinking the distance between performer and audience, producer and consumer, and celebrity and fan.
"When I talk about the intimacy economy, I'm talking about this growing category of successful business models that are built on one-to-one relationships and experiences that are personal, authentic, and unscripted," explains Platt, the founder and director of the Armstrong Institute for Interactive Media Studies (AIMS) at Miami University of Ohio.
In a wide-ranging conversation about technology and disruption, Platt tells Reason's Nick Gillespie how the intimacy economy will revolutionize not only business but also political and cultural practices. In a world where mass personalization and individualization is the new normal, the intimacy economy provides a bold new way of thinking about the future of interactive media.
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