Uber is a bezzle ("the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it"). Every bezzle ends.Uber's time is up.1/ pic.twitter.com/UkqGXvC744— Cory Doctorow (@doctorow) August 10, 2021
When the current gig economy implodes (not if), things will get uhhh interesting. 36% of American workers are part of it, and as far as I know (please tell me if I’m wrong), Uber’s problems aren’t unique amongst gig startups. That’s not to say that gig employment is going away; just that these black holes for cheap capital will collapse in on themselves. For instance Amazon and Walmart are both extremely profitable and have a sizeable gig workforce. That is here to stay, and will eventually grow to encompass many many more currently salaried jobs.
Yeah, deliveries and stuff. We're so doomed and broken that lot of elderly rural people depend upon Wal-Mart gig workers to get groceries and medicine.
When the current gig economy implodes (not if), things will get uhhh interesting. 36% of American workers are part of it, and as far as I know (please tell me if I’m wrong), Uber’s problems aren’t unique amongst gig startups. That’s not to say that gig employment is going away; just that these black holes for cheap capital will collapse in on themselves. For instance Amazon and Walmart are both extremely profitable and have a sizeable gig workforce. That is here to stay, and will eventually grow to encompass many many more currently salaried jobs.
people do gigs for Wal-mart? :cringe:
Yeah, deliveries and stuff. We're so doomed and broken that lot of elderly rural people depend upon Wal-Mart gig workers to get groceries and medicine.