The Advantages and Disadvantages of the Sharing Economy


In the modern world, we have a new kind of sharing economy – one that provides all services that you can possibly need at 24/7 with just the click of a button. This economy is also known as on-demand or “gig economy.” This phenomenon isn’t new, but it’s indeed bigger and more user-friendly than ever now. The advantages include flexibility, a huge variety of jobs, not having to work all of the time. That is a great way to side hustle and have extra money to your income. But disadvantages are no health insurance, no stability and lack of protections.