"Right now, it feels like there's infinite room for growth. Taskrabbit's revenue has grown by a factor of five over the past five years, and it's betting on more growth ahead as AI pushes more people to trade jobs, Smith told Business Insider in an interview. Taskrabbit is privately owned and doesn't report earnings publicly."
"AI has already led companies to cut white-collar jobs in tech and related fields. But other jobs, including trade work like plumbing and electrical work, are less likely to be automated in the near future, experts have said. Some Gen Z workers have also turned to trade jobs as an alternative to higher education."
"Taskrabbit, founded in 2008 by Leah Solivan, is a platform where gig workers can offer their services for a variety of tasks, from mounting a TV to repairing kitchen appliances. It's growing fast - and Smith sees AI supercharging the platform by providing it with more taskers who can do physical jobs that are harder for AI."
Taskrabbit, a gig work platform founded in 2008, connects users with taskers for physical jobs like furniture assembly, TV mounting, and appliance repair. CEO Ania Smith reports the company's revenue has grown five-fold over five years and anticipates continued expansion as AI automation displaces white-collar workers. Trade jobs, which form Taskrabbit's core business, are among the most resistant to AI replacement. The platform benefits from both increased worker supply seeking gig opportunities and improved marketplace efficiency. IKEA's 2017 acquisition of Taskrabbit has made furniture assembly a major revenue driver, accounting for nearly a quarter of global business.
Read at Business Insider
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