SSCI1000 - The Rise of the Gig Economy Assessment Answer

Introduction

A gig economy is an open marketplace system where companies use independent contractors for brief assignments and temporary roles are widespread. A "gig" is a colloquial phrase for a temporary work assignment. It possesses less authority over the conditions of its employment contracts and less complicated company arrangements. The term "gig" refers to a temporary position assignment in common parlance. Nowadays, almost 150 million persons in Western European nations and the United States work as independent contractors; the majority of these individuals are employed in innovative and knowledge-based fields. The writers thoroughly examined 65 of them and discovered. 

Source 1. Dunn, M. Kalleberg, A (2017), Good jobs, Bad jobs In the Gig Economy

In the gig economy, staff are usually hired as regular employees, rather than independent contractors, for a specific task. Permanent staff members receive comparatively higher hourly salaries and perks like health coverage(Donovan et al.,2016). The degree of control that employees have over their occupations varies depending on the offline platform; many platforms don't provide consistent work schedules, pay scales, or defined career trajectories. Since jobs through such channels bring in money, companies have a vested interest in preserving their reputation. Control over the schedule and substance of the job thus becomes a crucial component. The skill levels needed for different online platforms' Qualitative Aspects of Employment in the gig Economy duties vary, with somewhat high-skilled gigs like writing programs or other creative projects requiring greater flexibility. Compensation commissions are paid by platforms for jobs, usually in the form of a certain percentage utilized for the work revenue. Competent laborers in isolated or rural locations might submit bids for employment on both domestic and foreign marketplaces. Once more, skill level is a major factor in determining income: positions requiring more talent often pay more. It does away with some of the limitations set by regional labor markets. High Authority/Minimum Pay for many American staff, has the drawback that it also makes highly trained people in other nations more competitive. While projects on websites like Wikipedia might take longer to complete, most tasks from Handy and TaskRabbit can be finished in a single day. They haven't found many solid employment prospects in the gig economy locally for a while. may serve as their primary source of income, while it could serve as a complement to others' profits. In the gig economy, employees may bargain for their pay and set themselves apart by their portfolios, complete proficiency exams, and evaluate their bosses. Laborers possess several options and chances and hence have different expectations. and requirements for what matters. The platform segments are arranged by us in the different quadrants to show how we evaluate the degree of management oversight and salary, according to our review of the platform webpages(Autor, 2013). Disparities in the Gig Economy's Job Quality although workers have a great deal of liberty in how they complete their tasks, Upwork has a great deal of influence over the conditions of the working relationship. obtaining gig work On these websites, employees may bargain for their pay, set themselves apart with portfolios, take competency exams, and evaluate their employers. Digital platform occupations pay pretty well, however, the earnings are not as high as those of corresponding employment. the conditions governing the working relationship: It sets the price that an operator charges for each task they accept; in fact, it has reduced fares without providing any kind of appeal to its operators. These platforms have strong branding, and the employees that make up the foundation of a company are closely monitored define metrics. 

Source 2. Healy, J. Nicholson, D. Pekarek, A (2017), Should we Take the Gig Economy Seriously?, Labour and Industry

As the research paper focuses on the work and employment relation, we can merely fail to notice the emersion of interest in the ‘gig economy’. In other word, it dictates the enormous expansion of the startup that connect buyers and sellers in the form of in personal market. The structure of gig company work is multi-party interaction based. Several platform companies build their proprietary application to serve their customer smoothly and hassle-free. Through their app they monitor their whole work also they impose minimum acceptable standards to their worker. There are a few renowned companies such as Uber (ride service), Deliveroo (food delivery), Airtasker (online broker) etc. The interest level of people in gig companies seems so enhancing than its actual impact on the economy. According to media reports on the circumstances of gig workers, they confront safety hazards, have trouble making enough to survive(Acemoglu et al., 2016), and dislike having their work performance monitored incessantly. One suggestion Does gig work affect the abilities that enable less experienced workers to transition into later, more stable, or well-paid jobs? Ensure or Defy it is clear from the above piece that they are wary about gig labor and the gig economy. I think it has a detrimental effect on employment and opposes any ongoing expansion of the sector The degree to which Gig contract employees can work whenever they want varies among gig jobs as well; some have more set timetables. Furthermore, a great deal of influence is also exercised by multiple digital channels on the price of employment and worker market share. And importantly there are a few questions such as how much work will be available in the future, and how the technological changes will affect continuously alluding to the gig company. Hence, we must think about whether should it be considered a focus of inquiry or if it is too borderline to be upholding close attention. Equilibrium between vitality and viability To delve into the centre of this a detailed scrutiny of available evidence is important such as how the gig companies work and how they could be better in the future. As per the research and available data, we have seen that the rise of gig companies has brought plenty of opportunities and several problems. However, throughout the research, we discussed many positive sites and the loopholes. But despite that, it could be said that gig-based work is not at all the future of work as we found several limits to gig’s growth which may be the existential threads in the future(T Mokyr et al., 2015).

Source 3. Boreland, J. Coelli, M (2017), Are Robots Taking our Jobs?, The Australian Economic Review

The impact and automation on employment has been a significant topic in the last few years. Throughout this research, we’ve noticed that the introduction of computers and automated technology has not decreased the available amount of work, and the pace of structural changes in the job market is not affected by computer-based technologies. This paper has a detailed explanation about why tech-phobia has a strong grip on the popular imagination that ‘we live in a special time’. It is a confusing question are robots taking our jobs? While automation displaces certain jobs, also brings several new opportunities, and enhances workforce reskilling. On the contrary, few studies have claimed that there is no connection between automation and robotic technology with the job market it will not affect or decrease the work amount and help to generate new employment. In a word, it means to say that computer-based technologies have no relation to jobs. To be more specific the impact of computer-based technologies varies by sector, it depends on how government, businesses, and individuals respond to it(Healy et al., 2017). Technological changes never destroy or create jobs, if economic activities emerge, they may replace human workers but also create job opportunities as workers need to use technology to keep doing the activities. The impact of automation may differ likely in the sectors of manufacturing, agriculture, and customer service the implementation of computer-based technology may be vincible, so it signifies that tech changes are not decreasing work availability. On the other hand, few economists claim that the rapid advancements in technologies have altered the nature of work. It certainly enhances productivity but displaces some workers. They argued that tech changes and automation have an impact on routine and manual jobs. Through a systematic review of the past few decades of technological changes, some studies found that claim that the displacing of labor effect technology occurs to be more than offset by recouping mechanisms that reinstate labor. Overall, the anxiety over widespread technology-based unemployment has no strong base at least to the day. But it is also a thing to remember that the manufacturing workers, low-skill, and production have been affected by the tech changes.

Conclusion

In conclusion, it could be said that the emersion of the gig economy and the impact of automation and robotic technology have a deep impact on today’s evolving job market. Though the gig economy is a personal platform that directly connects buyers and sellers has drawn a huge interest in the economy but the long-term impact of it is still a matter of debate. On the other hand, it is a complicated question to answer whether robotic and computer-based technologies are reducing jobs or not. While the tech-changes displacing few workers it also creates several new opportunities. But in both cases, it must be acknowledged the tech-advancements and shifts in the labor market are complex and both have equal potential to bring positive changes and crux at the same time. 

References

Healy, J. Nicholson, D. Pekarek, A. (2017), Should we take the gig economy seriously? 

Labour and industry, 27:3, 232-248 

Boreland, J. Coelli, M (2017), Are Robots Taking our Jobs? The Australian Economic 

Review, Vol.50, no.4, 377-397 

Chen, Michelle. 2016. “Gig Economy Jobs Don’t Have to Be Awful.” The Nation, April 

 http://bit.ly/29sv6v7 

Donovan, Sarah H., David H. Bradley, and Jon O. Shimabukuro. 2016. “What Does the 

Gig Economy Mean for Workers?” Washington, DC: Congressional Research Service, 

February 5. http://bit. ly/29svwkT 

Dunn, Michael. 2016. “Digital Labor: New Opportunities or Lost Wages?”

Unpublished paper, Department of Sociology, University 

Bailey, M. 2016. “Deliveroo Boom Faces Fair Work Reality Check.” Australian 

Financial Review, August 

Accessed 29 March 2017. http://www.afr.com/technology/deliveroo-boom-faces- 

fair-work-reality-check-20160809-gqok7n 

Employment Tribunals. 2016. “Aslam and Farrar V Uber: Reasons for the Reserved 

Judgment on Preliminary Hearing Sent to the Parties on 28 October 2016.” Case Nos: 

2202550/2015 & 

Others. Accessed 29 March 2017. https://www.judiciary.gov.uk/wp- 

content/uploads/2016/10/aslam-and-farrar-v-uber-reasons-20161028.pdf. 

Acemoglu, D. and Restrepo, P. 2016, ‘The race between machine and man: 

Implications of technology for growth, factor shares, and employment, National 

Bureau of Economic Research Working Paper no. 22252, Cambridge, Massachusetts. 

Autor, D. 2013, ‘The “task approach” to labor markets: An overview’, Journal of 

Labour Market Research, February, pp. 1–15. 

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