through which most of the vacant seats in their vehicles are filled by the passengers that reside on their route and leave for their offices at the same time, she said. This way the private car owners are not only covering their operating expenses but are also taking away the share of the commercial transporters. This service is now available in Lahore DHA and is moving to other localities as well, she added.
The beauty of this service is that the digital platform acts merely as a mediator between the driver and the consumer (or commuter in this case). The platform charges a fee for this service. The digital platform simply assures the creditability and reliability of the driver. The value of the labour is determined by the market forces.
The driver, who is going in the same direction where the commuter is moving, can cut the cost much above the price charged by a taxi or public transport. She said in developed economies similar digital platform has changed the transport sector in a big way.
Financial analyst Amina Usman said there are some less disruptive changes also that are defining the way the job markets are transforming. Some talented highly skilled individuals discard some very lucrative jobs in established concerns and prefer to work on contract basis for start-ups or creative industries at much less. This way they try to increase their overall life time income, she added. She said instead of selling their talent for a fixed price these young and skilled individuals prefer to exploit their human capital for a better future.
She said it is futile to resist the shift in labour market that is taking place in current digitalized economy. “The transformative impact of technology will ultimately make itself felt, she added.
Pakistan has not yet really felt the job polarization that is taking place in developed economies but technologies spread with speed and the polarized job market has to be tackled prudently. However, in the long-run the control would always remain with human beings and robots or digital platforms will be subservient to human beings, she added.