On: In the Sharing Economy, Workers Find Both Freedom and Uncertainty

[lxm]

> the startups themselves are shielded from market risk, particularly on the supply side (labor), because they have disproportionate power over labor

In weak employment environment yes, but during the boom stage of an economic cycle people will trade up for better-paying jobs.

[clairity → lxm]

i'm afraid that with the ever greater concentration of wealth in the US that there will never be a strong enough economic cycle to deplete the fractional labor supply. i'd love to be proven wrong though.