Published Jan 4, 2022

How JOKR lost $159 per order, rising valuations, OpenSea freezes NFTs, CEOs troll Web 3 | E1351

This episode dives into JOKR's financial missteps in quick commerce, the ethical quagmire of tip baiting, the inefficiencies of COVID-19 testing in the U.S., and the contentious debates surrounding decentralization in Web 3.0, all examined through a lens of economic and technological scrutiny.
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  • Tip Baiting

    The issue of tip baiting in the gig economy is a significant concern for delivery drivers. and discuss how customers can manipulate tips to receive faster service, only to reduce them afterward, leaving drivers with inconsistent earnings 1. This practice highlights the precarious nature of income for gig workers, as tips can change unpredictably or not be processed at all. suggests eliminating tipping altogether to solve this problem, arguing that income should not be tip-dependent 1.

       

    Tipping Ethics

    The ethics of tipping and its role in ensuring fair wages is a complex debate. reflects on his upbringing, where tipping was a norm, and contrasts it with the European model where service charges are included in prices 2. He argues for a system where tips are not predetermined, as this creates a perverse incentive for drivers to prioritize orders based on potential earnings rather than service quality. adds that while she supports tipping, she believes workers should receive adequate pay without relying on tips 3.

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