The Reality of the Gig Economy is Prices Need to be Raised and Ultimately Consumers Will Bear the Costs

Gig-economy start-ups in recent years, have not been profitable in their first few years. Wedbush’s Daniel Ives covers the tech and reveals that tech companies will have to raise prices to reach profitability soon.

For more on Daniel Ives’ comments: Silicon Valley’s new focus on profits could make millennial lifestyles more expensive