Future of Work: How to Avoid 7.5 Billion Freelancers Competing for Scraps? — Part 1

A blockchain protocol to free everyone from poverty and 9-5 jobs

Peerism
Peerism in Peerism
Jul 13, 2017 · 6 min read

An inclusive and global freelance economy would result in tremendous macroeconomic benefits to human progress, productivity, creativity and innovation.

We could have an agile and resilient global freelance workforce that is happier and healthier, with free time to enjoy life and pursue passions projects.

Freelance Platform Shortcomings

Today there are hundreds of various online platforms for outsourcing work to freelancers and contractors all over the world. And yet the seemingly simple requirement of matching a task to a worker is still more an art than a science.

Direct Hire & Referrals

Offline, TaskRabbit, UpWork, Freelancer

  • Time consuming individually contacting past freelancer contacts
  • Uncertainty of freelancer availability or capabilities
  • Need to wear many hats: salesperson, marketer, networker, accountant
  • Small repeat relationship networks reduce task pool, cause inequality
Oh cool, all 5 stars… useful

Proposal + Bids

UpWork, Freelancer, Thumbtack

  • Often hundreds of near-identical bids from indistinguishable freelancers
  • Long wait for bids and time wasted selecting a single bid
  • Competing against international workers with lower hourly rates
  • Bidding war to the bottom with little income security

Outsource Agency

TopCoder, Toptal

  • Requires trust in the recruiting and worker allocation of the agency
  • Often additional layers of communication and bureaucracy
  • Earnings clipped, little choice in the work allocated by the agency
  • Agency may prevent direct contact with employer
One cent tasks. In fiat. Too depressing.

Microtasking

Amazon Mechanical Turk (MTurk)

  • No skill matching algorithm, no guarantee of quality
  • Useful only for a small subset of tasks
  • Average Turker earns less than minimum wage (less than $5/h)
  • Huge time sink required to make livable income

Niche On-Demand

Uber, Lyft, Deliveroo

  • Safety: requires trust in middleman recruitment vetting
  • Single-use niche service, requiring separate apps for each
  • Requires owning and using personal assets (car, bike)
  • Fully disposable worker with high turnover rates
kambiang is playing the numbers game

Competitions

99designs, DesignCrowd

  • Little direct line of communication with workers
  • Requires selecting a final winner regardless of entry numbers or quality
  • Working for free with the hopes of building a portfolio
  • Wasted time and opportunity costs

All Current Platforms Are Inadequate

In addition to these shortcomings, all of the current work platforms have three fundamental flaws which make them inefficient and inadequate for a future in which the majority of the population are independent freelancers:

  1. Lacking Education: upskilling and educating workers is either not offered, or they employ static testing for limited topics.
  2. Non-Transferable Skills: any skills or qualifications earned on one platform are not recognized or transferable to other platforms.

Peerism

The proof-of-skill token economy for post-capitalism

Peerism

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Peerism

Solving job automation + wealth inequality via proof-of-skills blockchain economic protocol, matching paid work to tokenized skill levels: www.peerism.org

Peerism

Peerism

The proof-of-skill token economy for post-capitalism