LinkedIn Co-founder Reid Hoffman, in a recently shared video, maintained that the traditional job structure of 9-5 will undergo a thorough change by 2034 as AI’s emergence and development gain more momentum in the global market.
Hoffman’s bold forecast that the conventional 9-5 job culture will become obsolete by 2034, has kick started a debate online.
What's Hoffman's prediction? Will AI really alter the current scenario of the job market? Let's learn here.
Reid Hoffman
Hoffman has envisaged a future where workers will be more engaged with the gig economy. Instead of holding a specific designation,the workers will skilfully master the art of multitasking- managing multiple contracts across a wide range of industries. Although this sudden switch can lead to lesser job security, Hoffman believes that the shift will be associated with greater flexibility and a range of opportunities.
Neal Taparia, an entrepreneur and angel investor, recently highlighted Hoffman's video, emphasizing that his predictions have always been accurate. Before ChatGPT even came to existence, Hoffman had foreseen the emergence of social media, the sharing economy and AI revolution back in 1997.
Your 9-to-5 job is dying.
— Neal Taparia (@nealtaparia) July 24, 2024
By 2034, it'll be extinct.
That's Reid Hoffman's latest prediction – the founder of LinkedIn who predicted the rise of social media in 1997.
Here's what he said next: pic.twitter.com/dZTDzBKlfB
Taparia stressed on the rapid and somewhat alarming rate at which the field of AI is experiencing advancement and development. He commented how the emergence of AI has already rendered several jobs outmoded. He highlighted how companies had already started investing in AI training for their employees.
Quoting Hoffman’s prediction, “The Gig Economy Revolution is approaching, and it's more significant than you might expect. Within a decade, 50% of the US workforce will be freelancers”, Taparia took to X to share his video. He tweeted: “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.”
Neal Taparia also put a spotlight on the fact that traditional CVs and biodatas are becoming outdated, and there's a huge potential that freelancers in the future will earn more than permanent employees.
Hoffman's remarks align with the extensive trend of altering employment structure stoked up by technological advancements.
