Stanford Radio

E62 | Paul Oyer: Where, exactly, is the gig economy taking us?

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Synopsis

The Future of Everything with Russ Altman: "Paul Oyer: Where, exactly, is the gig economy taking us?" In a search for answers, an economist embedded himself as an Uber driver. Oyer says lessons from the gig economy hold deep lessons for the job market for more traditional jobs. Uber’s surge pricing, for instance, is more than a payment structure – it entices Uber drivers to work odd hours or at times of peak demand. He says Uber is constantly reworking its payment structure to ensure that the company and its drivers’ interests are aligned to reduce workforce turnover. Originally aired on SiriusXM on November 3, 2018. Recorded at Stanford Video.