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Technology Stocks : Peer-to-Peer, Gig and On-Demand Economies
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To: rogermci® who wrote (888)10/12/2022 6:34:19 AM
From: Glenn Petersen2 Recommendations

Recommended By
rogermci®
TimF

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It looks like they are going to try to accomplish this through regulations rather than the legislative process. They know that the proposed regulations would never make it through Congress.

An updated version of that article notes that there are 50 million workers in the gig economy. Most of those jobs did not exist when this board was started. They exist only because of the innovative entrepreneurs who were willing to risk tens of billions of dollars on the creation of disruptive new business models that have been of enormous benefit to both consumers and the workers who have been able to supplement their primary incomes without the stifling hassles and responsibilities that come with actual "employment." How exploitative can these companies be when most of them are not yet profitable? How smart is it to risk killing them when the economy is on the cusp of a recession? Just two years ago they were considered essential workers. Now they are an endangered species.
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