Your next payday could be all digital.
- Cryptocurrencies are constantly becoming more mainstream.
- With the changing landscape of work and workers, financial systems also need to evolve.
- Cryptocrrencies have a lot to offer workers in this new age, but they still have some hurdles to face before they become the norm.
On Friday, Uber will start publicly trading on the New York Stock Exchange, and drivers want to see some of that money.
- Uber and Lyft drivers have organized small-scale protests and strikes in about 20 cities worldwide.
- They're demanding benefits, higher wages, and better worker protections.
- It seems like the situation might only get worse for drivers after Uber goes public, considering the company will face pressures from shareholders to turn profits.
Big tech is making its opening moves into the health care scene, but its focus on tech-savvy millennials may miss the mark.
- Companies like Apple, Amazon, and Google have been busy investing in health care companies, developing new apps, and hiring health professionals for new business ventures.
- Their current focus appears to be on tech-savvy millennials, but the bulk of health care expenditures goes to the elderly.
- Big tech should look to integrating its most promising health care devise, the smartphone, more thoroughly into health care.
This economy has us in survival mode, stressing out our bodies and minds.
- Economic hardship is linked to physical and psychological illness, resulting in added healthcare expenses people can't afford.
- The gig economy – think Uber, Lyft, TaskRabbit, Handy – is marketed as a 'be your own boss' revolution, but it can be dehumanizing and dangerous; every worker is disposable.
- The cooperative business model can help reverse wealth inequality.
The report outlines some bleak numbers for drivers who work for ride-hailing apps like Lyft and Uber, though those companies don't quite agree with the researchers' methodology.
- A new report suggests earnings have been steadily falling for drivers with companies like Uber and Lyft.
- Uber suggests the results are misleading because they don't examine hourly earnings.
- However, other reports suggest that even hourly earnings for ride-sharing drivers are often comparable to minimum wage.