As was mentioned previously the gig economy makes for a very fragile and volatile segment of the economy. The music industry is part of that gig economy and has decided to document the damage done to it.
Created by the Australian Festivals Association and the Australian Music Industry Network, I Lost My Gig was created to document and quantify the devastating effect the COVID-19 virus is having on the Australian music industry. Similar initiatives exist elsewhere in the world.
This problem is not only in the music industry, or even the creative arts industry. All gig economy people are deeply effected. This website shows how vulnerable the gig economy is to external shocks.