LinkedIn co-founder Reid Hoffman predicts that traditional 9-to-5 jobs will become extinct by 2034. He cites the rise of the gig economy and advancements in artificial intelligence (AI) as key drivers of this transformation.
Hoffman envisions a future where the workforce is predominantly made up of freelancers and independent contractors, moving away from the conventional model of long-term employment with a single company. He anticipates that by 2034, 50% of the U.S. population will be engaged in freelance work.
This shift is attributed to the rapid development of AI, which is expected to automate many routine tasks, thereby changing the nature of work and employment structures. The World Economic Forum supports this outlook, forecasting that AI will replace 85 million jobs globally by 2025 while creating 89 million new roles that require different skill sets.
As the gig economy expands, individuals will need to adapt by acquiring new skills and embracing flexible work arrangements. Hoffman emphasizes the importance of building a strong professional network and continuously updating one’s skill set to remain competitive in this evolving job market.
In summary, the traditional 9-to-5 job is likely to become obsolete within the next decade, replaced by a more dynamic and flexible employment landscape driven by technological advancements and changing workforce preferences.
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