But corporations have access to way more power and data. You aren't going to get to see into the wage algorithm. Quitting because you are unhappy with the wage algorithm means time without pay and potentially having to move in order to get a new job. A corporation, meanwhile, suffers very little when one of its employees quits.
I can't possibly imagine how this ends up producing increased average or median wages for workers.
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But corporations have access to way more power and data. You aren't going to get to see into the wage algorithm. Quitting because you are unhappy with the wage algorithm means time without pay and potentially having to move in order to get a new job. A corporation, meanwhile, suffers very little when one of its employees quits.
I can't possibly imagine how this ends up producing increased average or median wages for workers.
N passengers need rides after a concert, but there Y drivers.
How do you fairly compensate the drivers without dynamic compensation, while keeping the price low for the passengers?