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Trade unions demand ban on gig economy dynamic pricing as drivers describe earnings as "gambling"
Developing
Business·5/3/2026AI summary

Trade unions demand ban on gig economy dynamic pricing as drivers describe earnings as "gambling"

The Trades Union Congress has called for a ban on dynamic pricing in the gig economy, publishing a report with testimonies from Uber drivers who describe their earnings as akin to "gambling" or "waiting for the jackpot." The report, compiled with Worker Info Exchange and Nottingham Trent University, reveals that Uber introduced dynamic pricing in 2023, replacing fixed rates with opaque algorithmic pay determination. A University of Oxford study found drivers earned substantially less after the change, while Uber increased its commission from 20% to 25%.

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Guardian UK
Hong Kong Woman Loses HK$2.25 Million in Job Scam
NEWS
5/2/2026AI summary

Hong Kong Woman Loses HK$2.25 Million in Job Scam

A 25-year-old Hong Kong woman was cheated out of more than HK$2.25 million (US$287,190) over one month after responding to a part-time job posting offering HK$90 an hour. The victim, who had quit her university research assistant job due to health issues, was tricked into signing documents for a fake lawyer assisting a mainland financier, taken to three loan companies in one day, and asked to open virtual bank accounts to transfer money to scammers.

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SCMP Economy