Gig Economy: Contractor Model

gig economy: Contained within is specific mention of the firm's contractor model, according to The Independent. Both companies rightly acknowledge that the contractor model, as well as potential regulatory changes to it, could be a concern for the longevity of their business. Authors Robert Maxim Senior Research Analyst - Metropolitan Policy Program robmaxim Mark Muro Senior Fellow and Policy Director - Metropolitan Policy Program markmuro1 Part of that may well have to do with the many shaky aspects of their business model, which Uber's own S-1 filing with the U.S. Securities and Exchange Commission details over nearly 50 pages. All of which again raises the question of whether the contractor model a core element of the gig economy in U.S. cities is really such a viable way forward. For many drivers, it has created a flexible source of part-time work with relatively few barriers to entry. Without a doubt, the contractor model has created great value for both workers and consumers alike. (news.financializer.com). As reported in the news.