Regulations for Foodpanda, Grab to protect those in the gig economy?
The public complained about the inaccessibility and lack of supporting infrastructure around their workplace/residences when commercial and residential developments were planned and approved. Did you listen? Zilch. All these gig models didn't spring out of anywhere suddenly. Entrepreneurs who started these gig models saw the inefficiencies in the existing business models and the lack of supporting infrastructure that gave rise to them coming out with a model to support or plug these gaps.
If rules and regulations are introduced to protect those"employed" in the gig economy, it would be a"death knell" for those would-be startups who plan to launch or are in the midst of planning a startup to participate in the gig economy. The government has to understand and admit that they have no idea which area or focus a new startup would emerge from the various initiatives that are being undertaken by the private sector and the individuals concerned. It could be a startup in a completely and unthought-of sector common to most people.
In conclusion, my plea to the government is please stay away from trying to regulate the gig economy. The ecosystem surrounding the gig economy is bigger than just the interests of those who are working in it. A lot of unproductive assets would be put to good use by enterprising youths. Unproductive hours through waiting would be minimised when matters are resolved and moved efficiently along the ecosystem.
Source: Financial Digest (financialdigest.net)
can straight to your point or not? lost interest reading halfway
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