I have a love-hate relationship with ride-sharing services like Uber and Lyft.
I love the convenience and level of service that traditional taxis don’t offer. But I hate what they portend for the future of work with their rapidly expanding business model that pretends regular workers are franchisees.
For one thing, casting employees as entrepreneurs offloads risks, along with the security and benefits that a traditional job used to offer.
Workers toiling in the so-called sharing or “gig” economy get no paid vacation or sick leave, no company match for a 401(k) retirement plan, and no employer-paid health insurance. They may benefit from greater flexibility that they need for family obligations or even some fun, but these folks are missing out on big swaths of the safety net.More ...