An article published last week by Fast Company argues that the recent stumbles of companies like Uber and Handy have cleared the path for worker-owned digital platforms to replace them.
Platform cooperatives like Up & Go, covered in the Winter 2018 issue of NCBA CLUSA’s Cooperative Business Journal, are transforming the landscape of the gig economy. Unlike traditional home-services apps that keep between 20 and 50 percent of the service fee, Up & Go workers take home 95 percent. The remaining 5 percent covers app maintenance.
Despite the benefits of ownership, worker-owned cooperatives still make up only a fraction of the market of gig economy companies. But the Platform Cooperative Consortium at The New School is working on a development kit that could make it easier for worker-owned platforms to scale.
Read the full article here: https://www.fastcompany.com/40575728/worker-owned-co-ops-are-coming-for-the-digital-gig-economy