While work is plentiful in the new Sharing Economy, Guernica warns that these jobs increase the workers' economic instability. All it takes is personal injury or sickness, a change in customers' demand, or a shift in consumer needs, and suddenly a worker will find it "impossible to pay the bills."
Everyone else is becoming fungible, sought only for their reliability and low cost.
Complex algorithms can now determine who’s needed to do what and when, and then measure the quality of what’s produced. Reliability can be measured in experience ratings. Software can seamlessly handle all transactions–contracts, billing, payments, taxes.
All this allows businesses to be highly nimble–immediately responsive to changes in consumer preferences, overall demand, and technologies.
While shifting all the risks of such changes to workers.
|The Longer You Sit, the Earlier You Die|
|Filing down in the Black Lodge|
|Off Its Hinges|
|300 Doctors Commit Suicide Every Year|
|Reviewing Counterfeit Toys Made in China|
|The Spaceship Propulsion Compendium|
|The Unknown Reader|
|Termite-Inspired Autonomous Robotic Construction Crew|
|"This very internationalism that contributed to the apocalyptic disaster that ended the Bronze Age."|
|Soviet Air Force’s First All-Female Bombing Squad|
|James Charles' Pop Culture Dollars|
|Unboxing a Factory Sealed IBM Compatible PC from 1988|
|“There was not only automation but where the suggestion that humans had any control [...] was absent too.”|
|"Most of what kids currently learn at school will probably be irrelevant by the time they are 40."|
|“The release of methane from hydrate may be apocalyptic.”|