3 ms·
maybe it was mentioned elsewhere in the series, but it seems like they buried the lede with this story: fractional employees. as opposed to the post-WWII boom
by clairity 12y ago
maybe it was mentioned elsewhere in the series, but it seems like they buried the lede with this story: fractional employees.
as opposed to the post-WWII boom where value and growth were predicated on economies of scale/scope, the value of the sharing economy seems to be predicated on exploiting fractional employment to create a more fluid and continuous labor supply.
technology is enabling an economic shift (arguably an innovation) around labor, where value is derived from the efficiencies of better matching supply to demand as a result of being able to get some fraction of a person's labor capacity. on the other side, labor can mix and match jobs to suit lifestyle needs. unfortunately, power shifts further toward capital, leaving labor earning less.