Mendeley Brainstorm – The Gig Economy: Potent or Precarious?

The gig economy has made services cheaper and more convenient; but is there a downside?

The “gig economy” is a fact of life. To “Uber” has become a verb. Airbnb is ubiquitous. People sell their skills in short term engagements via freelancing websites. This has opened up a world of low-cost services; however, is the gig economy’s destruction of secure employment worth it? We are looking for the most well thought out answer to this question in up to 150 words: use the comment feature below the blog and please feel free to promote your research! The winner will receive an Amazon gift certificate worth £50 and a bag full of Mendeley items; competition closes July 12, 2017.

A New Economy

People used to “take a taxi” or “get a cab”, now they just as readily “Uber” to wherever they want to go. This shift in language is indicative of a broader change in the economy: with Uber, Lyft, Airbnb and other services, people are becoming accustomed to ordering services online from contracted individuals who are “paid by the gig”.

The Upsides

Anyone who has had trouble getting a cab in the middle of a crowded city can appreciate the convenience and low cost of utilising Uber. Airbnb offers real experiences of living in a location rather than a sanitised venue. Being able to hire a freelancer to do everything from design birthday cards to editing manuscripts is extremely convenient and much cheaper than it once was.

The Downsides

Employment in the gig economy is precarious and not necessarily well paid. Furthermore, secure professions like taxi driver and employment in hotels is under threat. Competing in a world, online marketplace tends to favour lower cost providers.

The Future?

Is the Gig Economy just a fact of life? Or can we make changes to lessen its downsides? What is your view? Tell us!

About Mendeley Brainstorms

Our Brainstorms are challenges so we can engage with you, our users, on the hottest topics in the world of research.  We look for the most in-depth and well thought through responses; the best response as judged by the Mendeley team will earn a prize.

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