On the road to a new economy with Uber at the Wheel
Uber has emerged as the face of modern business. It exemplifies the gig economy, where an individual lends one’s services for several companies on part time basis rather than one particular stable job with nine to five timings. For millennials it is a very attractive option as they do not get bogged down at one place but can lend their creativity to several non –competing players. However, Uber has also faced criticism across the US and rest of the world as an organization that has taken away labour jobs. Uber’s disruptive business innovation has rendered traditional taxi aggregators losing business across the globe. This has created furor with several politicians claiming law changes to curb the same. Others however support Uber and other such firms working in the gig economy.
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