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Comment by itake

Typically, workers are paid a flat rate, businesses buffer the worker's income generating activities, such that the business owners pocket high income activities (like serving drinks and being tipped) with low income activities (like washing the dishes at the end of the night). Any money left over after wages, is pocketed by the business owner, to be used on a day with low income day (think Friday night vs Sunday night at a restaurant).

Dynamic pricing allows workers more exposure to the value they generate, thus enabling them to capture higher pay.

parent itake 2 years ago

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