Service Quote by Anonymous
““Ofer Sharone, a professor at MIT’s Sloan School of Management, says some of these new services create wonderful opportunities for the underemployed and long-term unemployed. “If you’re looking for a way to survive, they can be helpful.’’ But, he acknowledges, they are “threatening to people who are doing OK with the status quo, like a taxi driver or bed-and-breakfast owner who has invested a lot and suddenly is competing with Uber or Airbnb.””
About This Quote
Gig economy platforms offer flexibility for the unemployed but threaten existing small businesses and traditional jobs.
In simple terms: New services help the jobless but endanger established livelihoods.
Key Takeaway
Balance innovation with protection for vulnerable workers.
Themes
economy
technology
employment
disruption
Mood
cautious
pragmatic
Type
policy
economic analysis
When to use this quote
- policy making
- business strategy
- career counseling
- labor union negotiations
Key Concepts
flexibility
competition
job security
market entry
Questions to Reflect On
- How can regulations keep pace with platform growth?
- What support can traditional workers receive?
A Different Perspective
Rapid change can outpace regulation, causing inequity.
![“This [Gang of Eight bill (S.744)] is far, far too many low-skilled workers that are going to take jobs and pull down wages of people unemployed and underemployed right now.” quote by Jeff Sessions](https://sms4smile.com/quotes/img-quotes/186/jeff-sessions-2380_bills_this-gang-of-eight-bill-s-744-is-far-far_247686.jpg)
