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> I think the fact that a gig economy company with fair (for lack of a better term) labor practices hasn't shown up yet (to my knowledge) is an indictment on th
by kevin_b_er 8y ago
> I think the fact that a gig economy company with fair (for lack of a better term) labor practices hasn't shown up yet (to my knowledge) is an indictment on the lack of vision from VCs and entrepreneurs.
Their vision is likely well aligned. The gig economy metes out little bits of work to a new underclass, while shifting nearly all risk onto them. This improves profit flow. The gig economy bypasses the American Labor Movement. The mandatory binding arbitration bypasses the Rule of Law.
The VC's vision is excellent. They extract work out people who don't have much recourse, except they've figured out slavery isn't needed. You just need them hopeless enough to work for nothing, because they can't get anything else. Since they don't need to be paid minimum wage, they don't get benefits, and you can nickle and dime them because you've bypassed the rule of law, you get a lot of advantages over a normal company that has to play by the classic rules of treating humans with any kind of dignity and the laws they got passed to do so.
The app concept makes things faceless so the company can make profit by making someone else do the hard work and take the risks.
- sitkack 8y agoIt sounds like the mirror of a pay-day-loan. Maybe Uber could have all contractor banking done via pay-day-loans? I can only think that there needs to be a business need to take money out of a contractors bank account in real time.