The Gig Economy’s False Promise
The Gig Economy represents the decline of the American Middle Class, as people who would have been able to find white-collar work or stable and well-paying blue-collar work 15-20 years ago now have to enter the service economy and perform low-level jobs, many of which require little or no specialized skills.<p>For some reason we celebrate this trend as a society and laud its positives (e.g. being able to determine one&#x27;s own work schedule), but in a decade or two the problems will become obvious and hard to ignore, as many gig workers find themselves too old to work but with no retirement savings, for example.