Uber Loses U.K. Ruling on Drivers

The video discusses a UK Supreme Court ruling that classifies Uber drivers as workers, granting them rights such as minimum wage and paid holidays. This contrasts with California's Prop 22, which allows Uber to classify drivers as independent contractors. The ruling may force Uber to adjust its business model, potentially raising prices or exiting unprofitable markets. The decision has significant implications for the gig economy, as it challenges the notion of drivers as independent contractors and may influence similar rulings globally.

How does the ruling differ from Proposition 22 in California?

What might be the long-term effects of this ruling on Uber's business model?

What implications does this ruling have for the wider gig economy?