Idk, maybe it’s just semantics. But to me it’s a tool and it’s the inherent systems that are bad.

Many people who actually do the gig work would argue positive examples like they wouldn’t have had the opportunities to do the work, as they have chronic illness that prevents them from working at random times or they are able to work just enough to provide supplmental income without accidentally losing benefits.

The tool is exploitave because these scenarios exist and there are people to be exploited. It’s not causing these scenarios, it’s taking advantage of them. Its a symptom.

I feel like this is more of an argument against the American health insurance system and better national retirement programs, than anything else.

If Medicare for All, or an equivalent system existed in whatever country, there aren’t really any benefits other then their retirement that people care about.

I feel like people rightly point out that it’s fucked up our health insurance is tied to employment, but I don’t see people point out how it’s also fucked up that being able to survive our retirement is also based on employment. Social security alone isn’t enough to live a healthy life off of.

So if the government provided those things, I don’t really see anything wrong with the entire gig work thing. It might be within my lifetime that we see economies transition to a mostly AI/automation production system that relies on a fraction of human labor currently needed that will be supplemented by a gig work economy. Then the governments would most likely need to implement a Medicare for all type system and some sort of UBI.

Find a hobby that your interested in and then just go going a primarily Spanish based message board or discord or whatever group.

This is amazing… Now I wish I had a 3D printer. Maybe I can find a friend to make the case parts for me.

From their job or the same place they get money to pay a traditional mortgage?

Let’s say the borrowed amount is $250,000, so you owe $500,000. That’s a 1,400 monthly payment. So 7 people get paid each month, or 84 a year. By the end of the period you have paid out all 2,500 lenders.

(I am using $100 and $200 repayment and $250k to make the math easier and more round. Oddly it is close to current interest rates)

Fascinating. Is there a term I can search to learn more?

Interesting! Did everyone have their mortgage paid off or do lenders accept that kind of insurance? Who manages the funds?

So the idea is its a cross between charity and gambling, who gets paid when is the gambling. It’s a feature.

Also, I don’t think your math is taking into account the $200. You borrow $100 and pay back $200, the interest is baked into the repayment amount. It’s a gamble, the people paid in year 1 get hella interest. The people paid back in year 26 basically break even on inflation and people paid back in year 30 lose money.

But I am fascinated to know what procedural hurdles one would face trying to set something like this up.

Well one of the other 2,500 people might, so it’s there to give the legal protections they need to recoup their investment. But I agree, a majority of people wouldn’t see it as an investment. I would have no problem giving dozens of acquaintances $100 if I knew for sure it would lead to them getting a house.

I did a quick skim of that website and it seems to be marketed towards the opposite side of the equation, the investors.

My idea is more about the mortgage and using crowd sourcing in social circles. The way I have structured the “investment” in my scheme is purposefully done to reduce lender animosity by making the payout more of a gamble, than a traditional investment.

I have been toying with ideas to even further tweak the model to increase investment. For example giving slightly better odds on repayment to investors that have used the platform/process to procure their own mortgage.

I think you mitigate that by the related party knowing that repayment could be 30 years later. Its more like buying a low pot raffle ticket then a regular loan.

Maybe animals know that, and that’s why livestock are so docile about their situation.

Adrian Tchaikovsky has some sci-fi books that make use of this idea.

The general duh, he’s got modern munitions.

They don’t consider it a “war” unless a country with white people are attacked.

For me it’s the nature of time. As you get older the amount of time you have had experienced grows, so new time feels quicker in comparison. So time speeds up just as you learn to enjoy it.

What’s that?

The amount of rage I have when I take something broken apart just to find that only one of the gears was made of plastic and is some shape or size that’s impossible to find on the open market.

It depends on the plastic. Plastic is only possible to be efficiently recycled if it is not contaminated with other grades of plastic. In the real world this is incredibly difficult to achieve. A bulk of recycled plastic are just warehouse and logisitic networks baling polypropylene film because it can be easy to seperate.

Because society tells them they can’t do it, therefore they feel they must do it.