9-5 jobs ending by 2034: LinkedIn co-founder predicts gig-economy future
What's the story
LinkedIn's co-founder, Reid Hoffman, has forecasted that the conventional 9-5 jobs will become obsolete by 2034.
He envisions a future workforce where individuals are not traditionally employed but engage in the gig economy.
This shift would involve people working contractually with various companies across multiple sectors.
While this could offer more flexibility and opportunities, it might also lead to less job security.
Hoffman's prediction is drawing significant attention due to his history of accurate predictions about technological trends.
Track record
Hoffman's past predictions lend weight to his forecasts
Entrepreneur and angel investor Neal Taparia highlighted Hoffman's past accurate predictions in a post on X.
Taparia noted, "Hoffman's past predictions are spooky: Predicted social networks would change the world (LinkedIn sold for $26B), saw the sharing economy coming (early Airbnb investor), called the AI revolution years before ChatGPT."
This track record lends credibility to Hoffman's latest forecast about the future of work in the AI era.
Twitter Post
Take a look at Taparia's post
Hoffman's past predictions are spooky:
— Neal Taparia (@nealtaparia) July 24, 2024
• Predicted social networks would change the world (LinkedIn sold for $26B)
• Saw the sharing economy coming (Early Airbnb investor)
• Called the AI revolution years before ChatGPT
So we should probably listen to his latestprediction: pic.twitter.com/7CzIyMuRiO
AI impact
AI advancements prompting shift in job structures
Taparia also emphasized the swift progression of AI technologies, observing that thousands of jobs worldwide became obsolete within days of the release of ChatGPT.
This rapid development has led numerous companies to start training their employees to incorporate AI technologies into their work.
Hoffman's insights suggest a future where freelancers may earn more than permanent employees and traditional resumes could become outdated as employment structures evolve due to technological advancements.