“This is just the very beginning of a fight.”
– John Chuang, Aquent/Vitamin T CEO
In a discussion with Yahoo! Finance, Aquent/Vitamin T CEO John H. Chuang pointed to the fifty years that passed between the Industrial Revolution and the safety net created by organized labor. Chuang said Prop 22 “is not a very good deal” but it is also very early in the new gig economy: “It's really the first inning for society, consumers, government, and the companies themselves to figure out what is the right level of protection for these folks.” He also believes when consumers become aware of how little drivers and delivery people make, they’ll be a force for change and companies will innovate.
This story originally broadcast on Yahoo! Finance.