The honeymoon might be over for the gig economy, proclaims Infoworld site editor, Caroline Craig:
Gigs used to be for musicians, while the rest of us got "real" jobs with a steady paycheck. No more: Today the gig, or on-demand, economy is thought to employ 80 million and is projected to grow to $335 billion in 10 years. But a backlash is growing, and Uber in particular is being set up as the poster child for unfairness to workers and competitors.
She's unfortunately right. Craig sees lawsuits and even a whole new regulatory bureaucracy emerging to fight well-financed companies mis-classifying (my spellcheck still flags 'misclassify'...that won't last long) workers as contractors instead of W-2.
So where does that leave us? Will the gig economy just go away? Not with the cost of W-2 employment as high as it is today.
Instead, it will go underground. It will go to the black-hat staffing agencies (already has). And then it will emerge stronger as decentralized autonomous organizations (DAOs) impervious to central government control.