An NFT Bubble Is Taking Over the Gig Economy | WIRED

ARGENTINIAN MUSICIAN FRANK Tavis had the life he always dreamed of. The 26-year-old was traveling the world and performing on the streets and in bars in more than 20 countries—each coin dropped in his guitar case helping pay his way to the next country for five years. Then the pandemic hit, bars shut down, and Tavis’ income dried up. A friend recommended he join Fiverr, a freelance gig economy website where people are paid for a variety of digital services usually offered by contractors. Tavis began writing songs for small sums of cash in mid-2020.

The earnings helped him live, but he saw a bigger opportunity. “I watch a lot of YouTube, and I started to see a lot of different stuff about NFTs,” he says. Tavis knew artists who he could pay to design artwork that others would use to make NFT collections. So he pivoted his Fiverr business to design the artwork used for NFTs.

Read More

The Sharing Economy is Revealing What’s Next | Peter Mehit

downloadUber, Lyft, Task Rabbit, you name it, there’s a service that will do all kinds of work for a ridiculously low price at your convenience.  It seems like we’re on the cusp of a truly liberating time, where creative busy people can be freed from dealing with the routine and time consuming tasks.  As we outsource more and more of our lives, the companies that are arising to meet this demand are disrupting old business models.  Without getting into the pros and cons of these companies, there is a more important aspect to the sharing economy and the underlying automation that supports it:

It’s killing living wage jobs.

Continue reading “The Sharing Economy is Revealing What’s Next | Peter Mehit”