The Gig Economy

In my parents’ day, a “good job” meant stability and working at the same place from the time you left your education until the time you retired.  Things were predictable, secure and safe.  One would perform a similar task (even in white-collar work) at the same time, in the same place.  In exchange for this task, this person would be compensated either hourly or yearly.

While there are some merits to this system, it no longer works quite the same as it did back then.  Today, companies change constantly.  The company you worked for five years ago probably changed names.  Sometimes, they split apart.  Sometimes, they merge.

Also, as we become more affluent, as a society, and more tasks become automated, more tasks can be done remotely.  Because of this, more workers can perform tasks from home, commuting on public transportation, or even while waiting in line at the grocery store.

Also, there is the issue of “dead-time” at work.  One of the most boring times at a job is when someone is between projects, but must maintain “butt-in-seat” time for a salaried job, or risk losing money by not clocking hours during an hourly job.  This is horribly inefficient.  We try to make manufacturing “just-in-time” so that product doesn’t sit in a warehouse.  Why should labor be different?

Some things will never move from shift work, and I am glad of that.  When my house is on fire, I am glad that there is a firefighter standing by, waiting for the call.  However, does a software engineer need to do this?

Really, the so-called “Gig-Economy” forces us to constantly innovate.  We have to develop new skills, and always look for the next thing.  Stagnation has no place in this economy.

In electronics, there is the concept of Moore’s Law, where the number of transistors on a computer chip doubles every 18 months in an exponential growth pattern.   Perhaps an exponential growth “Moore’s Law” accompanies us human beings.  A few generations ago, most people took their father’s profession, with very little change.  In the previous generation, people went to college and found a career.  Perhaps now, we all have many, smaller duration jobs.  Who knows what our kids will have.

And, ultimately, it is happening, like it or not.

Thank you for reading my post.

 

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