2 ms·
To answer the question posed by the article's title: No. It will provide people with the opportunity to work harder if that's their preference. As for downwar
by tryitnow 15y ago
To answer the question posed by the article's title: No.
It will provide people with the opportunity to work harder if that's their preference.
As for downward pressure on wages. That's only a bad thing if there is no proportionately downward pressure on prices. Many of these services make markets more competitive (LiveOps versus traditional call centers, AirBnB versus traditional accommodations). So prices will probably drop more than wages.
This also benefits people in economically weak areas. Not just globally but also in the US, e.g. Deep South, Rust Belt, etc.