News Stories

Maybe We’re Not All Going to Be Gig Economy Workers After All

Posted on

(Source: https://www.nytimes.com/2019/09/15/upshot/gig-economy-limits-labor-market-uber-california.html?fbclid=IwAR2-j0Uv4ji5WWOH7UglfVXeaWKNBDNagMvWeLDzL5WFrEfhejyDmusn6pU) Companies like Uber are hitting the turbulence of government regulation, worker resistance and labor market reality. Not too long ago, the “gig economy” looked as if it just might be the future of work in America. The rapid rise of digital platforms that let people earn money by driving passengers, delivering groceries, walking dogs or […]

News Stories

We’re All Killing Uber Just By Using It

Posted on

(Source: https://www.vice.com/en_au/article/zmjew8/were-all-killing-uber-just-by-using-it) Uber lost another $5.2 billion this quarter and continues to lose money. For now, we’re just getting subsidized rides from Silicon Valley investors. Uber just reported that in the past three months, it lost $5.2 billion (BILLION!!). As the business press spills black ink explaining away Uber’s red ink, this is a good […]