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The Pros And Cons Of The Gig Economy

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Furthermore, the gig economy and its effects or issues in society are illustrated by all legal cases witnessed in recent years, but the distinguished problem with the on-demand work is the absence of security granted to workers. This new model of economy is on the growth, even though is favourable for some people and companies, there are also many downsides implications for the economy, and for society as a whole, as reported by Martson, it is likely to be beneficial, however, it is need to established a balance between flexibility and the protection of gig workers. (Martson, 2017) In addition to the extension of the economy and social changes driven by the gig economy, new work models are expanding beyond contingent workers to include …show more content…

Nevertheless, the emerging economy has their advantages and disadvantages as well as almost everything throughout life itself. According to Sundararajan in a report for The Guardian, mention the Hillary Clinton’s speech about her economic plan for 2016, where she expressed that the new model of business is generating “exciting economies and unleashing innovation”. But it is though creating concerns about the security of the workplace and “what a good job will look like in the future” (Sundararajan, …show more content…

Also the form of society is changing considerably due to the new economic model, to mention one aspect, for example, as Jaconi reported for Business Insider, the behaviour of consumers is evolving, “instant access to messaging, media, and other online functionality through smartphones has generated a sense of entitlement to fast, simple, and efficient experiences”. (Jaconi,

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In Barbara Ehrenreich’s article, “Your Local News”, her ideas about outsourcing help the reader understand Fareed Zakaria’s thesis that we are living through a power shift called “The Rise of The Rest” by explaining that America is not declining but is helping everyone else rise above. These authors come together to further understanding of the shift of power that has occurred due to outsourcing, putting America in the backseat of progression, but not out of the race. Ehrenreich introduces his ideas by explaining that “in the eighties, US companies began outsourcing the manufacturing of everything from garments to steel…”, but by the nineties, “back office and call center jobs migrated to India” (609). This helps the readers understand Zakaria when he he tells his readers that “for the first time ever, we are witnessing genuinely global growth.”

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“Technology Taking Over?”, by Yzzy Gonzalez speaks on how we are transitioning into a technology dependent society. One example Gonzalez uses to fortify her argument is the idea that people become obsessed with using rapid, and more efficient devices to proceed with their daily lives. For reference, she mentions mobile banking and its effects on how people spend their money. For perspective, mobile banking allows for people to transfer money with convenience, which in turn abolishes the need to drive to an ATM. Moreover, Gonzalez utilizes her own morning routine and provides the reader with rhetorical questions—encouraging them to reflect upon their own morning routine, as well as the similarities that could be present.

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1679 Words | 7 Pages

This is not to their fault, but rather a consequence of economic growth. It is logical, Conard claims, that as the world’s population has increased, income inequality has grown on a global level (Conard 17). Similarly, the new nature of the economy grounded in information technology further benefits the most productive workers (Conard 14). Information technology has not only made workers more productive, but it has opened new investment opportunities that are primarily available to the most productive people who already have access to the most information, most talent and most wealth (Conard 18). With expanding opportunities and more skilled people demanding higher wages, the world has grown more prosperous and innovative.

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As earlier stated, over the years people have become intact with technology thus society adapted to technology in their lives, making their lives easier. “Our use of the Net will only grow, and its impact on us will only strengthen, as it becomes even more present in our lives.” (92) The

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Job Opportunities: Export-oriented businesses and the service sector have benefited greatly from globalization. It has made it possible for people to look for work prospects outside of their own country. Challenges: Globalization is not without problems, though. The uneven distribution of benefits might worsen economic inequality. Economic upheaval and job losses may occur in some places, especially in sectors of the economy where there is more competition from abroad.

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The Articles of Confederation were drafted and written between the years 1776 and 1777. The main issue that the new nation experienced under the Articles of Confederation was that there was a central weak central government with the majority of the power being held individually by each state. Additionally during this time period, American Colonists were still fighting for their independence. As with any governmental system, the more separation there is between ruling powers, the more distance and conflict there will be. Unlike today where there are separate branches of the government, the Articles of Confederation didn't provide any separation between the different parts of the government.

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Moreover the workers have better wages and greater security, and people can get jobs more easily than before because there are more manufactories. It is true that there are more jobs opportunely and better wages, but it is not same for the security. The work mans in the modern world are working much harder than before and the risk rate has been increased. In the

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292 Words | 2 Pages

Russel argues that the high accessibility smartphones contribute is a positive attribute for the advancement of communication, deep attachments and large amounts of time spent on smartphones argues otherwise . The author argues smartphones are so readily available to people, that gives them the freedom to communicate at any time, initiating more conversations. Although that may be true smartphone users are now constant dependency on their phones to connect them with their wide-ranging social network prohibiting them from focusing tasks in the moment Written in 2005 smartphones were a very recent phenomenon . Do to this fact Russel failed to see the future implications of a device with such broad functionality. Bill Thornton, author of “The

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Shadow work was defined by Ivan Illich, as “all the unpaid labor – including, for example, housework – done in a wage-based economy” in 1981 in the book Shadow Work. Craig Lambert, author of “Our Unpaid, Extra Shadow Work”, used the example of a lawyer at a local grocery store checking out her own groceries to define shadow work. This is an example of shadow work because, the service of a cashier is still around, but can be bypassed to save time. Craig Lambert gives a unique insight into shadow work, he doesn’t condone it, or dismiss it. On the other hand he talks about the advantages and disadvantages of shadow work.

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There has been a major concern on whether the zero-hour contract is good or bad for the public. This essay will discuss the negative impacts of zero hour contracts and the problems that it causes for the labour market. An article from the BBC explains that zero-hour contracts allow employers to hire staff when they are required and with no assurance of work. This means that the employers have the power to decide when to hire the employees, meaning that employees must be available when the employers require them for the job. Sanders (2013) argues to the employers that zero-hour contract would be ‘counter-productive’ to the workplace, this would mean that zero-hour contract would make the workplace more disruptive than profitable for businesses.

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INTROCUTION To translate the R2P principles to deeds will require serious commitment from all the governments who unanimously affirmed at the 2005 World Summit Outcome that “each individual State has the responsibility to protect its populations from genocide, war crimes, ethnic cleansing and crimes against humanity” (UN world summit, 2005). To relies a credible implementation, it is necessary that Paragraphs 138 and 139 of the Outcome which goes to the real issue of operationalizing the responsibility to protect (widely referred to as “R2P” in English) is sincerely adhered to by all. This brief paper will cover current R2P debate and the complex issue of implementing the R2P pillars which are: Pillar one the protection responsibilities of the State (sect. II).

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Technology is becoming a new way of life in our society. Every day, Innovative thinkers are developing new objects to simplify our everyday tasks, such as developing items like smartphones. We can get loads of information in a matter of seconds, almost instantly. The overall concept of technology can affect people in multiple ways. Nicolas Carr has developed a number of theories while observing these concepts.

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In other words the new technology is controlling us. The new generations have the tendency to rely more on the new technology which make them more reliable to changes compared to the old ones. Technological convergence is in fact affecting our everyday lives or even our work lives. It is valuable for the marketing industry as all media is grouped in a single device. These types of new devices have become a new tool for trend search.

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In today’s era of technology, many breakthroughs have surfaced. Most of these advances have benefited us in previously unimaginable ways. Some of those advances include; text messaging, social media and smartphones. These advances have changed the way many people operate. Although these tech feats have changed the way people interact and communicate with each other, most people overlook the complications that can occur with how simplified our lives have become.

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The GIG economy is defined as the labour market characterised by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs1. According to a recent report by McKinsey Global Institute2, it was reported that 20 to 30% of the working age population in America and EU-15 perform independent work, which constitutes up to 162 million people. Notably, close to half of this population of workers rely on such freelance work for their primary income. This changing nature of employment presents benefits for both workers and businesses. From a company lens, the ability to capitalize on such a workforce provides a lower set of business operating costs.

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