Work Without Jobs: A Trend For The Educated Elite →
The rapid shift to non-employment should concern us for a number of reasons. Routine employment data, which underpins economic optimism or pessimism, is unlikely to reflect the full range of opportunity that the economy is creating as we move away from jobs as a primary form of engagement with work. Add to that the fact that emerging types of work tend towards the extremes. They can be entrepreneurial, creative and full of opportunity but they can also be very low paid.
A troubling development is the drift to highly educated, low paid labor. That combination seems to be characteristic of crowdsourcing. Crowdsourcing has the potential to enable a new elasticity in the use of labor but it also has the capacity to drive income through the floor.
