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Uber, Airbnb Lead the Way as Sharing Economy Expands

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From eMarketer : As trust and familiarity with sharing economy services continues to grow, so too will the number of users. According to eMarketer’s latest estimates, over a quarter (26.0%) of US adult internet users—or 56.5 million people—will use a sharing economy service at least once in 2017. This is a higher figure than previously projected due to stronger-than-expected uptake of both ride- and home-sharing services. eMarketer’s definition of the sharing economy includes community-based online services that coordinate property, goods and services. It excludes crowdsourcing, group buying, incorporated professional services and online marketplaces like eBay.

California Says Uber Driver is an Employee

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It was only a week ago that I saw a request for information on how Uber drivers were defined. This appears in today's New York Times:   TECHNOLOGY California Says Uber Driver Is Employee, Not a Contractor By  MIKE ISAAC  and  NATASHA SINGER JUNE 17, 2015 ... ... The classification of freelancers is in dispute across a number of industries, including at other  transportation  companies. And the debate is set to escalate as the number of online companies and apps like Uber and others rises. Venture capitalists have poured more than $9.4 billion into such start-ups — known as on-demand companies — since 2010, according to data from CB Insights, a venture capital analysis firm, spawning things like on-demand laundry services and hair stylists... ... “Today’s ruling from the California labor regulators demonstrates why federal policy makers need to re-examine the 20th-century definitions and employment classification we’re a...