The more commodified your job, the more likely AI can do it - lessons from online freelancing
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The more commodified your job, the more likely AI can do it - lessons from online freelancing
"Demand and wages have fallen for some kinds of online freelance work, with translation, basic copywriting, and simple graphic design being hardest hit. According to one study, demand for freelance writers was found to have fallen by up to 30% after the release of generative AI tools."
"Freelancer platform Upwork reports that higher-value contracts - those worth more than US$1,000 - increased across various disciplines after the arrival of generative AI. Freelancers using AI-related skills earn around 40% more than comparable freelancers who do not."
In 2023, the rise of generative AI has significantly altered the freelance landscape. While some freelancers face declining demand and wages, particularly in translation and basic design, others are thriving by leveraging AI-related skills. Reports indicate that higher-value contracts have increased, and freelancers using AI tools earn substantially more. The dual impact of AI on the freelance economy illustrates a complex reality where adaptation and skill enhancement can lead to success amidst challenges.
Read at The Conversation
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