Key Facts
- New power models are driven by mass participation and peer coordination.
- The book focuses on the shift from 'old power' models, characterized by what the authors call 'currency' (held by a few), to 'new power' models, characterized by 'current' (made by many).
- Examples of old power include traditional business models, government and hierarchical institutions, while new power encompasses movements like #MeToo, platforms like Airbnb and practices like crowdfunding.
- The authors argue that the ability to harness the power of the crowd is now a vital skill – whether you're an activist, a corporation, a start-up, or a...