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Exploring the Potential of Smart Industries to Transform the Gig Economy
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Author(s): Padma Mahadevan (International School of Business and Research, India), Suman Dahiya (Universal AI University, India), Saleena Khan (Institute of Management Technology, India), B. C. Anant (Sandip University, India), Anjali Singh (School of Leadership and Management, Manav Rachna International Institute of Research and Studies, India), Bishwajeet Prakash (Sharda University, India)and Gagandeep Kaur (Multani Mal Modi College, Patiala, India)
Copyright: 2024
Pages: 22
Source title:
Maintaining a Sustainable World in the Nexus of Environmental Science and AI
Source Author(s)/Editor(s): Bhupinder Singh (Sharda University, India), Christian Kaunert (University of South Wales, UK & Dublin City University, Ireland), Komal Vig (Sharda University, India)and Soumi Dutta (Sister Nivedita University, India)
DOI: 10.4018/979-8-3693-6336-2.ch012
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Abstract
The gig economy has reshaped traditional employment, offering flexibility but also presenting challenges such as job insecurity and lack of benefits. This study investigates the potential of smart industries, driven by technologies like IoT, AI, and blockchain, to address these issues and enhance the gig economy. By conducting a comprehensive literature review and analyzing data from industry experts and gig workers, we examine how smart industries can create new opportunities, improve efficiency, and enhance worker satisfaction. The findings reveal significant transformative potential, while also highlighting the need to address associated risks and challenges to ensure sustainable growth in the gig economy.
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