New York State Senate to Examine Gig Economy

The New York Times published a damning piece on Softbank investments Monday, calling out the company's Vision Fund for investing in companies heavily reliant on contract workers. Nathaniel Popper, Tech Reporter for The New York Times, joined Cheddar to discuss.

Stephen DeWitt, CEO of WorkMarket, discusses the differences between the gig and freelance economy, claiming that freelance work will reign supreme. DeWitt notes that freelance work thrives on highly skilled workers and our increasingly tech-connected workforce allows freelancers to work when they want to. We talk about the September jobs report, which saw the first decline in payrolls in 7 years. DeWitt adds that he mostly agrees with analysts - that the decline was a blip due to a difficult hurricane season. However, he notes that it is something that we must keep an eye on. We also speak with DeWitt about the rise of automation and what that means for human jobs, as it grows in popularity.

Micah Rowland, COO of Fountain, breaks down his plan to help bolster the gig economy workforce.