Postmates

An uncertain future for workers

work desk
Illustration: Sarah Grillo/Axios

DETROIT, Mich. — There's no better symbol of what the American worker's life used to look like than Detroit: A stable, lifelong career at a booming factory, a union membership and a pension.

The big picture: Workers' lives in the future won't look like that. Already, new technologies and the gig economy are breaking down those very forces of stability that defined jobs over the last century — and the future of workers hangs in the balance.

The fall of unicorns

Illustration of two upside-down unicorns interrupted by cubes and glitches
Illustration: Eniola Odetunde/Axios

Public market investors are turning a more critical eye toward "unicorn" startups, particularly those with lax governance and big losses.

Why it matters: This comes after years of laser focus on top-line growth, and is challenging for older startups that had geared their business models to the old normal.