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Get ready for gig work
“We may end up with a future in which a fraction of the workforce will do a portfolio of things to generate an income—you could be an Uber driver, an Instacart shopper, an Airbnb host and a TaskRabbit.”
Klaus Schwab • The Fourth Industrial Revolution
The displacement of the old working class has many explanations: globalization, financialization, automation, but also the concentration of economic activities (and most jobs) in large cities. ● Cities as the new factory floor aggravate problems that were previously overlooked. Improving the condition of the new urban working class is the main soci
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
There are secular tailwinds too: automation is driving a shift towards more empathetic, creative work; trust is shifting to individuals versus institutions; and users are more familiar with subscription business models and increasingly willing to pay directly (rather than through their attention on ads) for unique access and expertise.