NYU Stern professor Arun Sundararajan discusses social safety nets for gig economy workers on the a16z podcast, contrasting US policy approaches with Nordic European nations.
“I don't see the U S at least as moving towards a model where the government is going to provide the entire social safety net.”
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More from Arun Sundararajan
PredictionNot checkable as stated
Sundararajan: Gig Economy Capital Ownership Could Reduce Long-Term Income Inequality
“So by the same argument, if we increase the fraction of the population who are owners, if we shift people away from being labor providers and towards being owners of tiny short-term accommodation businesses on Airbnb, of tiny retail operations on Etsy, of like…”
Arun SundararajanJan 2, 2019▶ 9:46a16z Podcast | An Economics Take on the Sharing Economy
PredictionNot checkable as stated
Sundararajan: Sharing economy value growth will skew toward below-median income earners
“My own research has shown that if you project what the sharing economy is doing forward, a significant fraction of the value creation is captured by people below median income. In fact, the rate of growth of the value creation for people below median income is…”
Arun SundararajanJan 2, 2019▶ 12:42a16z Podcast | An Economics Take on the Sharing Economy
AssertionContradicted
Sundararajan: Top platform earners make $1.20 per $1 bottom earners make
“They find that the top 20% of income earners are earning a little more through the sharing economy than the bottom 20%. But you look at that distribution, you compare that to the actual income distribution, and you see that it's redistributive, which is that P…”
Arun SundararajanJan 2, 2019▶ 13:12a16z Podcast | An Economics Take on the Sharing Economy
Insight
Sundararajan: Regulatory responsibility should be delegated to data-holding platforms
“I think the most exciting potential comes from looking where the data to solve a problem is, And then delegating regulatory responsibility to the party that holds the data.”
Arun SundararajanJan 2, 2019▶ 24:50a16z Podcast | An Economics Take on the Sharing Economy
PredictionNot checkable as stated
Sundararajan: Sharing economy will force a paradigm shift away from GDP
“As crowd-based capitalism goes mainstream, it's going to highlight how there's a big disconnect between what we're measuring, which is GDP, And what we value as the things that really point to progress. And so as this gap starts to grow, I think much like ther…”
Arun SundararajanJan 2, 2019▶ 4:58a16z Podcast | An Economics Take on the Sharing Economy
AssertionNot checkable as stated
Sundararajan: Sharing economy creates millions of entrepreneurs alongside tech billionaires
“Alongside each tech billionaire that the sharing economy creates, it also creates millions of small entrepreneurs, and this distinguishes the sharing economy from some of the technological advances that preceded it.”
Arun SundararajanJan 2, 2019▶ 12:18a16z Podcast | An Economics Take on the Sharing Economy
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