One of six future scenarios for the collaborative economy
From odd jobs to ridesharing, more people sell their skills and time on collaborative platforms. For some, this activity supplements a steady income. For those unemployed (and underemployed), small tasks and work activity through collaborative platforms constitute their primary source of income.
As more people enter micro-entrepreneurship, precarious and piece work becomes increasingly commonplace. Increased competition among micro-entrepreneurs sparks bidding wars that consistently descend below minimum wage.
The government raises the limit for non-taxable income, yet income tax evasion becomes more prevalent. Unemployed people are encouraged to join collaborative platforms, but risk losing benefits if deemed too successful.