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The growth of companies like Airbnb affects both the hotel industry that struggles to compete while complying with laws and regulations, and the locals who seek to rent permanently but cannot afford it due to unavailability of properties or high costs of housing.

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The growth of companies like Airbnb affects both the hotel industry that struggles to compete while complying with laws and regulations, and the locals who seek to rent permanently but cannot afford it due to unavailability of properties or high costs of housing.

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Gig economy sucess has made traditional workers improve their service as well, so they can be more competitive. This is a benefit to society.

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Gig economy sucess has made traditional workers improve their service as well, so they can be more competitive. This is a benefit to society.

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There are lot of gig opportunities to high-skilled workers.

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There are lot of gig opportunities to high-skilled workers.

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There is a mutual reviewing process between customers and contractors. 

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There is a mutual reviewing process between customers and contractors. 

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Workers are not tied to finish their gigs. They have flexibility to cancel them. 

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Workers are not tied to finish their gigs. They have flexibility to cancel them. 

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There is a serious issue of unfair, under-regulated competition between existing service workers and gig workers. Besides, there exists a lack of health and safety regulations. This makes it successful for companies but not for workers inside and outside the gig economy as well as consumers.

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There is a serious issue of unfair, under-regulated competition between existing service workers and gig workers. Besides, there exists a lack of health and safety regulations. This makes it successful for companies but not for workers inside and outside the gig economy as well as consumers.

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Customers have different options to choose between different platforms of the same service.

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Customers have different options to choose between different platforms of the same service.

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It is easier for consumers and workers to connect as they do it through online apps and platforms

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It is easier for consumers and workers to connect as they do it through online apps and platforms

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It can be really stressful not knowing how much you are going to earn,  how many hours you will be able to work, etc. Also, the isolation causes you anxiety. All of this leads to poor mental health. 

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It can be really stressful not knowing how much you are going to earn,  how many hours you will be able to work, etc. Also, the isolation causes you anxiety. All of this leads to poor mental health. 

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Gig economy fights unemployment as workers can sign-up and start working easily

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Gig economy fights unemployment as workers can sign-up and start working easily

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Independent contractors lack workplace protection. If the job requires the worker to expose themselves by working in the streets, they are prone to risks and work accidents.

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Independent contractors lack workplace protection. If the job requires the worker to expose themselves by working in the streets, they are prone to risks and work accidents.

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The workers have the option to work when the price of the sevice is higher (Price surging)

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The workers have the option to work when the price of the sevice is higher (Price surging)

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Gig workers have a lot of problems with the existing service workers, like protest and fights.

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Gig workers have a lot of problems with the existing service workers, like protest and fights.

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Provides a cheaper service to customers.

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Provides a cheaper service to customers.

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Customers can feel safer as they have track of their service via the app/platform.

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Customers can feel safer as they have track of their service via the app/platform.

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Gig workers are subjected to discrimination related to review process which affects their performance.

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Gig workers are subjected to discrimination related to review process which affects their performance.

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If workers have a lack of skills they have less chances of being successful. 

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If workers have a lack of skills they have less chances of being successful. 

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Workers don't have social insurance, sick days payment, protection, pension or rights, there is no job training, and no promotions. 

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Workers don't have social insurance, sick days payment, protection, pension or rights, there is no job training, and no promotions. 

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Provides flexible working hours for workers

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Provides flexible working hours for workers

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Essay question: Critically discuss the following statement: The gig economy has been a success.

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Essay question: Critically discuss the following statement: The gig economy has been a success.