Gig economy jobs are those that people find and apply for via online job boards. Often, these jobs are temporary or one-time contracts. These consist of freelancing, painting homes, coaching, fitness instruction, carpooling, tutoring, and painting. The expansion of the gig economy is also impacted by economic factors. Employers who cannot afford to hire full-time workers to handle specific projects or peak hours often turn to temporary or part-time workers. This paper attempts to examine the effects of the gig economy in Chennai, to list the advantages of the gig economy for both employers and workers and to talk about the drawbacks of the gig economy for both parties.