The End of Mass Production
REUTERS/Lee Celano
Late last year, Airbnb announced
that it’s going after the major hotel chains – which at first sounded
kind of cute, like a precocious Little League pitcher saying he’s going
to strike out Miguel Cabrera.
But when CEO Brian Chesky laid out his thinking for me while sitting on a barrel in Airbnb’s new, funky headquarters
in San Francisco, I thought the investors who have pumped $326 million
into the company might not be too dim. Airbnb is becoming much more than
a way to spend $26 a night to sleep in London with five other people at The Imperial Fleapit.
In fact, Airbnb is looking like a proof point of a trend
that has been getting a lot of attention lately. Some refer to it as the
DIY – for do it yourself – movement. Venture capitalist Hemant Taneja,
looking at it from a different angle, calls it “unscaling.” Chesky uses the term “decentralized production.” Marc Andreessen hit on the concept in a manifesto entitled “Why Software Is Eating the World.”
It all points to the same idea: Information technology is
eroding the power of large-scale mass production. We’re instead moving
toward a world of massive numbers of small producers offering unique
stuff – and of consumers who reject mass-produced stuff. The Internet,
software, 3D printing, social networks, cloud computing and other
technologies are making this economically feasible – in fact, desirable.
The hotel industry – and the way Airbnb thinks about it – is an example of how that is playing out.
There is a fundamental truth about big hotel chains that is
only now being exposed in the Internet age: Hotel chains grew out of a
lack of information.
In the middle of last century, cars and highways made the
world far more mobile. Many more people traveled to towns they didn’t
know, and they needed places to sleep. They had no way to know which
hotel or boarding house might be nice or offer amenities they wanted.
Travel guides, like Mobil’s, popped up in the 1950s, but for the most part information remained scarce.
Chains took advantage of that data deficit. If you knew a Holiday Inn
in one town, you knew the Holiday Inn in the next town would be roughly
the same. The brand’s motto played off this: “The best surprise is no
surprise.” The uniformity and comfort of a chain trumped the risk of an
unknown, independent place.
As chains got bigger, they could afford to widely advertise
– a way to spread more information about the consistency of their
hotels. Independents couldn’t keep up. They had limited ways to get
information to travelers. As long as this big information gap existed,
chains grew and independents struggled. The gap drove chains to offer
uniform accommodations at scale – and we got today’s hospitality
industry, dominated by the likes of Hilton, Marriott and Starwood.
Chesky got to thinking about this when his late grandfather
told him Airbnb reminded him of his childhood, when his family would
arrive in towns and stay at boarding houses. Chesky thought: If the
Internet was around back then, would hotel chains as we know them have
been created? “And the answer is absolutely not,” Chesky says. “I’m not
saying there wouldn’t be hotels, but they wouldn’t look like they do
today.”
The Internet is proving that by closing the information
gap. It started with sites like TripAdvisor, but Airbnb takes it to
another level by helping any individual with an extra room to rent share
that information with a vast number of travelers. If the information is
good – if Airbnb, for instance, can eliminate the downside of surprise –
the hotel chains’ competitive advantage of uniformity will become a
disadvantage. In the DIY era, many more travelers will gravitate to
unique places to stay instead of opting for the vanilla sameness of a
Holiday Inn.
This is not a bombshell for the major chains. Marriott and others are working furiously to build boutique hotels
because they see the eventual fate of cookie-cutter hotels. The chains
may adjust to this new era, and Airbnb may yet blow it. The site has more than 500,000
rooms, which means it now offers as many rooms as the biggest hotel
chains. But Airbnb is still working on the essential element of
eliminating surprise. Its critics say there are still too many instances of an Airbnb rental failing to live up to its photos and description.
Still, the underlying story of Airbnb, information and the
major hotels will get replayed in lots of industries in the next few
years. Mass production and sameness mean safety when information,
intimacy and trust don’t exist. As information, delivered globally and
cheaply over the Internet, brings back intimacy and trust, the advantage
of uniformity at scale slips away.
“These new economies of unscale will be good for job
growth, because they open up thousands of new market niches for
exploitation,” Taneja wrote in Harvard Business Review. “To
succeed, though, first we have to unlearn what we have been taught about
business. We have to think in an unscaled mind-set, where the emphasis
is on a greater number of specialized products sold to customers who
know exactly what they need.”
That notion isn’t lost on Chesky. “In the last 15 years,
bits and bytes have been revolutionized,” he notes. “The next 15 years, I
think you will see things, atoms, physical industry, services – things
in the real world – starting to be changed. All that stuff will change.”
If Airbnb can ride that wave, it will end up in the major leagues.
http://www.newsweek.com/end-mass-production-225700
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