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533,730 Views ā¢ Aug 8, 2022 ā¢ Click to toggle off description
Are we getting gigged to death?
The gig economy has revolutionized how we think about work, but not necessarily for the better. How have a bunch of multi-billion-dollar companies like Uber or Instacart so fundamentally changed our economy? Letās find out in this Wisecrack Edition on The Gig Economy: What Went Wrong?
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Written by Amelia Buzzell
Hosted by Michael Burns
Directed by Michael Luxemburg
Edited by Henry Arrambide
Produced by Olivia Redden and Griffin Davis
Music courtesy of Epidemic Sound
#GigEconomy #Uber #Wisecrack
Ā© 2022 Wisecrack / Omnia Media, Inc. / Enthusiast Gaming
Views : 533,730
Genre: Education
Date of upload: Aug 8, 2022 ^^
Rating : 4.888 (536/18,651 LTDR)
RYD date created : 2024-05-16T13:34:27.064549Z
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YouTube Comments - 1,951 Comments
Top Comments of this video!! :3
I'm old enough to remember a time before these apps were even being marketed as "gigs". Like, the REALLY ORIGINAL marketing of AirBnB was "matching up people who happen to not need their house for a few weeks with people who will be in their city for a few weeks and need a place to stay." Uber was "find a driver / passenger who happens to be going in the same direction as you are". Ah, those truly naive, idealistic days...
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Anytime someone asks you to be an "Independent Contractor" they're actually asking "Can I legally remove all of your employment rights?"
914 |
As a freelance artist, I was part of the 'Gig Economy' long before it had a label. Even though I have a college degree and experience, most companies don't want to hire me full time. As a result, I'm turning 60, I owe thousands to the IRS and a local hospital for surgery in which I had no insurance due to the horrific cost of buying insurance a middle aged man. Still I consider myself lucky.
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As a former gig economy worker, this really helped me understand myself a little more. I was doing gig work and training to be a professional actor, but slowly I found myself doing gig work more and more until I was too exhausted to train. After that, I had trouble settling back into a "regular job" and feel like I'm far behind my peers... ALL because I thought gig work was beneficial. Come to find out, like most things, it's so corrupt and exploitative.
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Lyft driver here, as well as long time wisecrack viewer. Thank you for finally tackling this. I do my best to try and inform my passengers of the reality of working lyft and illustrating how, while i enjoy meeting and helping people, it requires a lot of discipline and is a very lonely job. My biggest complaint has and always will be how little connectivity with other drivers we have. They implemented a āgroup bonusā a while ago where we were able to communicate with a small group of other drivers and it didnt go well.
Going over my taxes, lyft now takes up to 60 percent of what the customer pays.
Also, for those thinking we are always picking up drunks, the truth is that a lot of people rely on lyft/uber to get to work in lieu of public transit. Even cities are taking advantage of the gig economy instead of funding their infrastructure.
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Letās not forget ābugsā in the apps that force workers to jump through hoops or rush picking up jobs. Uber normally gives a 10-15 second window to review a trip offer, and accept or decline it. Lately my app has been ābuggingā out and giving me anywhere from 2-3 seconds to respond, essentially forcing me to auto accept rides without reviewing if I actually want to take them or not, and if I donāt auto accept in that small window then Iām punished on my acceptance rate. Sounds more like a feature that can be brushed off as a ābugā. Too easy to code something like that in and until these companies are forced to make their code entirely public thereās no way to rule out shady practices like this.
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Having prepared taxes professionally for many years, I have done many returns for people working in the gig economy. I think the best average monthly income I saw from an Uber or Lyft driver was about $500 after taxes and expenses. At least 2/3 of them were actually loosing money on their tax return when adding in depreciation on the car.
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The gig economy always seemed like a supplement to traditional work, not a replacement. Like you drive for uber a few hours after work a few days a week for some extra money. The gig economy is a terrible replacement for a regular job.
The fact that soo many people are using gig employment as their primary job signals that something is wrong. It seems like every year there are fewer and fewer jobs that pay a living wage. Eventually that could lead to massive societal problems and the collapse of major parts of the economy if a solution isn't found.
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Wisecrack: makes video on the inherent scam of the gig economy
also Wisecrack: takes sponsorship from Uber for life coaching
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i was working at qualitest pharmaceuticals and we had a union scare so they shut down production for 2 days to hold meetings about how bad unions are. i waited till the end of the meetings to ask a question.
how many people in this room have worked for unions. i already knew what was going to happen.
the management team all raised their hands and a half dozen employees too. i asked would anyone like to say what union they worked for, and the employees hands went down. i said ok so the only people that have worked in unions are the only ones that have been able to work their way into a management position and now you same people are the only ones that don't want a union here, and you think we are going to just trust you at your word they they are bad, when you are literally the living example of how they aren't?
the rest of my short stay there was pretty bad after that... but my point stands.
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Sadly, I think we will gonna get apped to death.
A small example from my personal work related experience:
For starters, I struggled to get out of contracted company work and get a position based on an permanent type contract but even with all that covered, the pay is not on par with the money required to live a comfortable life.
I took the decision to enter the gig economy with a 4 hour part time job as a currier via bike.
1 week I worked in that environment, through freezing temperatures and snow, at the end of the week the speculated profits were very low compared with the required work.
The kicker is... from that speculated profits mentioned by the app, a 80% mark up was applied masked as taxes paid to the government and for the privilege to collaborate with the sub-company that I signed a contract with, the remainder of my share was just 20%.
At the end of the week, even if I used a bike, I ended up at a net loss by just buying a cup of cheap coffee from vending machines and a bottle of water every day.
I burned double the money I ended up with.
And don't even get me started if something happens with the transported goods, if the order is damaged or the client cancels the order before arrival, said order is payed out of your own pocket.
...
Even Death Stranding presented a more optimistic view regarding currier work and I wish I was joking.
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Calling them "contract workers" is a really loose definition considering Uber actively withholds information as punishment for refusing to accept bad rides and gives a hard 5 sec time limit to review the "contract"
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think you missed the part where union membership decline wasn't a spontaneous process in the US, there was immense effort put into union busting campaigns from the mid century until now by the ruling elite, meaning big business aided by politicians. The 40s saw the highest rate of union membership rate to date but that was a very hard won battle where union leadership and workers faced relentless opposition.
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Our working standards are evolving, just backwards. Soon companies will pay workers with digital scrip and pay for your room and board. But itāll be done through an app so it wonāt be seen as cruel and unlawful like company towns 100 years ago.
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The "socializing risk while privatizing returns" tidbit was especially interesting in it's implications. It seems to extend to the start-up ideal, where direct compensation is replaced by promises of future returns on (non-executive) shares, while the reality is that most venture capital companies fail and those promises remain unfulfilled. More co-op business structures plz.
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Terrifying fact: many of the doctors you interact with in on hospital are actually working on a gig economy. Particularly, emergency medicine, radiology, and anesthesia
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As a disabled person I canāt afford wildly increasing costs but grocery delivery is so important to me. Just make a real price and im pretty sure a lot of people will pay it. One of the most important things you learn as a disabled person is spending more to live better is not a crime.
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Uber takes such a huge cut of the fee. The only way they are "struggling" is by paying the "leadership" to much and making bad faith investments.
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"We're increasingly being taught to expect less and less from our employers", funny part about this is the fact most of us already didn't expect anything from them for decades now
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