Published on : Monday, October 16, 2017
This is likely to create a pathway for regulation of ‘sharing economy’ websites like Airbnb. The Open Data Institute (ODI) that is an independent body set up by World Wide Web founder Tim Berners-Lee has been granted a £6 million grant to pursue projects comprising the impact of property-sharing sites.
This leads to increased possibilities that Airbnb that has been accused of exacerbating housing shortages and perturbing neighborhoods might confront fresh rules designed to restrict its effects.
The ODI was established in 2012 with £10 million grant from the coalition government’s Technology Strategy Board with the aim of making data from organizations.
It has also been offered an additional £6 million in funding by Innovate UK that is a new name for the board over the following three years for various objects including examining how data can be utilized to regulate peer-to-peer (P2P) accommodation.
Jenni Tennison, the chief executive of ODI mentioned that it is brand new business model that they have been observing but then there exists certain questions about how it might b regulated and how the government understands the impact that these P2P platforms are having.
He added that this project might include examining how housing stock and public services are impacted in areas where there are several properties on short-term letting sites.
The ODI, furthermore would also assess ways that data like that of the tenants’ and landlord’ reputation could be reported between various platforms so that for instance, rogue landlords would not be capable of switching once they have been kicked off a website.
A professor of artificial intelligence, Sir Nigel Shadbolt, said at the University of Southampton, who has co-founded the ODI with Sir Tim that sites like Airbnb and LoveHomeSwap opening up data like this might be observed as an alternative to regulation.