Around the economic recession of 2008 as so many lost their jobs and were faced with financial hardships and difficult decisions, an alternative economic model emerged. It didn’t really have a name at the time, but in the years since then we’ve come to know it as the “sharing economy.”
At the time, this idea touted the notion that technology could solve common work problems and create a more democratic structure from worker to worker. Now in 2020, we know these companies that emerged back then — giants like Uber, AirBnB and Lyft — have become quite controversial for their predatory behavior and exploitation of workers. Jake Neher speaks with an expert and author who knows a lot about this subject and explores where it all went wrong, and if there’s any hope to improve the current system.
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