Retired Trader's Gig Economy Wisdom

Sergio Avedian, a former Wall Street trader turned Uber and Lyft driver, shares his unique perspective on the gig economy. Born in Istanbul and raised in Germany, Avedian found success in finance during the dot-com bubble before retiring early. He draws parallels between trading and driving for ride-sharing apps, using algorithms to his advantage and earning up to $80 per hour. Avedian, however, is concerned about the lack of benefits for gig workers and has launched a personal finance website and YouTube channel to help drivers plan for the future. He also advocates for a one-time bonus from Uber and Lyft, pointing to their profits. Avedians past experience in lobbying for driver reimbursement rates gives him hope for change in the industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.