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Airbnb is great until you get a bad experience. For hotels, there is a floor for bad experiences - it can only get so bad, and the customer service is usually decent. I used airbnb until I had a single terrible experience and worse customer service that did not help me because I had no proof of the incident. Been using hotels ever since.

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They will churn through new customers who get bitten by this until they come up with controls/features that prevent it. Instituting those will increase the price making them less competitive and opening the door to others.

Its quite amusing how much the gig economy is hyped up but besides the initial surge of excitement, it just settles down and looks like the industry its trying to replace.

But I'm a pessimist. Maybe they will use the infusion of cash to invest in something truly groundbreaking. But I'm staying far far away from making any investments in them.

It's often worse than what it replaced, too. Uber did well because the Taxi industry already had gone to such low low's, but the gig economy feels synonomous with an excuse to pay less than minimum wage to me.

low pay + no benefits

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