Chapter
The Impact of AB5 on Independent Contractors and Gig Workers
20:21 - 26:21 (05:59)
The dynamics state Supreme Court decision set the criteria that defines an employee vs an independent contractor leading to laws like AB5 in California. The law affects gig workers in Lyft and Uber, among other industries.
Clips
The California government has recently created a new law stating that freelance journalists writing 30 articles a year for a single outlet are considered employees, while 70% of drivers for ridesharing services want to remain freelancers despite the lack of benefits they receive.
20:21 - 21:54 (01:32)
Summary
The California government has recently created a new law stating that freelance journalists writing 30 articles a year for a single outlet are considered employees, while 70% of drivers for ridesharing services want to remain freelancers despite the lack of benefits they receive.
ChapterThe Impact of AB5 on Independent Contractors and Gig Workers
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The state Supreme Court decision that defined criteria for employees vs. independent contractors ultimately led to the inevitability of AB5.
21:54 - 26:21 (04:27)
Summary
The state Supreme Court decision that defined criteria for employees vs. independent contractors ultimately led to the inevitability of AB5. However, the task of determining the nuances of different types of gig workers falls to lawmakers, posing a challenge for everyone involved.