This YouTube transcript features a panel discussion on the gig economy, with experts Arun Sundararajan and Steve King defining and analyzing its scope and growth. They clarify the terminology, differentiating it from concepts like the sharing economy and contingent work, while highlighting the difficulty in establishing a unified measurement. The conversation explores the gig economy’s increasing significance, its role during the COVID-19 pandemic, and the ongoing regulatory challenges concerning worker classification and benefits. Ultimately, the panelists consider how cities and states are adapting to and proactively engaging with platform-based work models, anticipating a future where non-traditional employment becomes increasingly prevalent.