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Today’s global gig economy is both extensive and varied. It has transformed how people work and how businesses operate, but who is included within it? Within the rapidly evolving tech sector, ‘digital nomads’ have formed a growing subtribe of their own - does this make the ‘gig economy’ an arguably misleading and outdated term?
There is no doubt that the relationship between technological innovation and flexible work models will continue to mould the employment landscape of the future, particularly among younger workers.
What is the gig economy?
The gig economy business model has experienced explosive growth in recent years and projected to surpass $450 billion (400 billion Euros) by 2027 according to a 2023 report by Mastercard.