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

The video explores the concept of trust, its evolution, and how technology is reshaping it. It discusses how platforms like Airbnb, BlaBlaCar, and Uber enable trust between strangers, highlighting the shift from institutional to distributed trust. The role of blockchain in revolutionizing trust is also examined, emphasizing the potential for more transparent and accountable systems.

What is a significant trend in trust as discussed in the introduction?

• Trust in traditional institutions is increasing.

• Trust in technology is decreasing.

• Trust in strangers through technology is increasing.

• Trust in family and friends is declining.

What is BlaBlaCar's key social identifier for matching passengers?

• The amount of conversation during the ride

• The distance of the journey

• The cost of the ride

• The type of car used

How does the speaker define trust?

• A predictable and rational assessment

• A confident relationship to the unknown

• A reliance on familiar people

• A contractual agreement

What is the first level of the 'trust stack'?

• Trust in the platform

• Trust in the idea

• Trust in the government

• Trust in the other person

What historical shift in trust occurred in the mid-19th century?

• From institutional to local trust

• From local to institutional trust

• From distributed to local trust

• From institutional to distributed trust

What is a key feature of distributed trust?

• It relies on centralized authority.

• It is opaque and linear.

• It is accountability-based and shared among people.

• It is based on physical proximity.

What does blockchain technology aim to eliminate?

• The need for third-party intermediaries

• The need for financial transactions

• The need for digital platforms

• The need for personal trust

How does the blockchain record asset transfers?

• Through private ledgers

• Through time-stamped public records

• Through verbal agreements

• Through government databases

What impact did taxi protests have on Uber's sign-ups?

• They decreased by 50%

• They remained the same

• They decreased by 850%

• They increased by 850%

What is the main disruption caused by the new era of trust?

• Increased government regulations

• The trust shift it creates

• Decreased use of digital platforms

• Technological advancements