The gig economy is simply put a free market system in which the traditional long-term contract employee is replaced by more prevalent part-time or short-term temporary worker.

The macro trend of the economy in recent history is moving towards the above described setup and away from a traditional job economy where employees are locked into long-term contracts and stay committed to a single company or enterprise for the majority of their working adult lives.

Greater connectivity, cloud computing, Moore's Law, and the Internet of Things (IoT) are leading to the ability for people to earn their livelihoods online through this emergent gig economy.

This episode provides you with a brief introduction and definition to this concept. 

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