Freelancing - The Future of Work

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Freelancing - The Future of Work
Stefan Ivanovic

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Stefan Ivanovic

Nov 14, 2017

Nothing can replace independence, money and security.

Freelancers get the job done, and for the employer that’s the only thing that matters. The ability to access your work from any place with a simple wi-fi connection is really making job easier and time management more flexible. Is this not reason enough that freelancing is the future of work?

Then, let’s talk about some more reasons.

Dependency. Can you image living without fear of being fired from your job? Not being able to pay rent? As a freelancer you can have many clients, so if any one of them decides they no longer need your service anymore, it’s not the end of the world. Maybe it creates a dent in your budget, but that creates a chance for gaining new clients. With freelancing you can better focus on possibilities and new ways that a failure may bring.

Money. Leaving your usual work to focus only on freelancing usually means that there is more money than you get at your current company. And there is no actual limit on how much money you can make per month. Taxes you pay are also quite different than those that are automatically deducted (in some countries) from your bank account. Working more freelancing is actually going to bring more. And if you become too busy, you can always raise the price more.

Security. Tech is constantly changing business and bringing new things, especially the threat of AI. While AI will be able to replace many things, it will never be able to replace the ability build human connections and influence that many freelancers have. Because freelancers are those who are actual humans and use the products they advertise. You can’t replace that. So, in a way, freelancers are much more equipped for any upcoming work evolution that people in other working areas.

Here are also some numbers you might find interesting:

The freelance workforce is growing more than three times faster than the U.S. workforce overall, according to the annual “Freelancing in America” (FIA) survey by Upwork and the Freelancers Union. The number of U.S. freelancers now stands at 57.3 million, representing an 8.1% jump over the last three years, when the FIA survey estimated the total American freelance workforce at 53 million. By comparison, the U.S. workforce as a whole grew 2.6%, from 156 million to 160 million, over the same period.

At this rate, freelancers will be the majority by 2027. But perhaps more striking is the finding that freelancers seem to be preparing for this future more swiftly than their counterparts at traditional employers. Polling more than 6,000 adults who’ve done paid work in the last year (2,173 of whom were freelancers), nearly half (49%) of full-time freelancers told researchers that their work is already feeling the impact of AI and robotics. Only 18% of the traditional workforce said the same.

Special thanks to www.fastcompany.com

 

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