April 12, 2017

The Dark Side of the Gig Economy

The new world of work is still run with old laws. Uber, which started in 2009, now has more than 7,00,000 active drivers in the United States alone, which is nearly three times the number of taxi drivers and chauffeurs in the country in 2014. Gig workers have flexibility but no paid sick leave, no time off and certainly no pension. The government may need to legislate the labor platforms where there is an urgent need redefine labor laws. The laws must not stifle innovation but must certainly prevent exploitation. It is time for new rules.