> Thanks to software, the internet and artificial intelligence, the expenses that Coase identified can now be reduced just as well with tools from outside the c

> Thanks to software, the internet and artificial intelligence, the expenses that Coase identified can now be reduced just as well with tools from outside the company as they can from within it. Finding freelance workers via online marketplaces can be less costly, less risky and quicker than recruiting full-time employees. I wonder to what extent that's inherent, and to what extent it's accidental due to regulation making employees more expensive than they ought to be. Is what's happening to regular employment now akin to what happened to the household-service industry in the mid-20th century? Then, payroll taxes & regulatory compliance made it less & less efficient for individuals to hire their own service staff (at full- or part-time) than previously, and as a result relatively few folks have hired help nowadays. It'd be pretty unfortunate if all industries, not just household service, were so impacted.