Have your heard of the gig economy?

Most likely you have BUT in the small chance that you have NOT, gig economy is the current normal for employment in high tech.

"Gigs" in this sense are essentially short-term or project-based work, and "gig workers" are the independent contractors hired to do those jobs. The gig economy is essentially based on corporations who contract these people for temporary jobs, rather than hiring for permanent positions. The gig economy gets its name from each piece of work being akin to an individual 'gig' – although, such work can fall under multiple names. It has previously been called the "sharing economy" — mostly in reference to platforms such as Airbnb — and the "collaborative economy".

For further clarity, a gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. ... Examples of gig employees in the workforce could include freelancers, independent contractors, project-based workers and temporary or part-time hires.

Why does this matter to you? (here are 7 benefits)


1. Flexibility in pay and hours.

2. Variety in work.

3. Poses the possibility of “enough.”

Once people begin to see that time is as valid a currency as money, and that it might be just as important to have control of time

4. Mimics entrepreneurship.

5. It provides an outlet for personal and financial growth beyond a traditional job.

6. A faster on-off ramp for employers.

Employers who are working on projects or are looking to develop positions no longer have to go through a costly and tedious hiring process. They can focus on specific skill sets and hire for them with time-limited horizons.

7. Disrupt legacy businesses and patterns and open up social and political conversations.

But perhaps the most important reason the gig economy is a net positive is the fact that the disruptions it causes to entrenched businesses force us to look at the way we think and act more critically. Uber has asked us questions about how we get around and how we pay those who take us around. Airbnb has asked us questions about trust and how we seem comfortable to have “strangers” stay in our homes. It’s also asked us questions about the types of neighborhoods we want to have and what should be considered a commercial property when it comes to renting out a spare room. Disruption doesn’t benefit everyone equally, surely, but that’s the point. Rather than take our established systems for granted and never asking why, we are instead in the position of posing “why not?”



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