The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. What changes could be in store for the workplace, the workforce, and the nature of work itself?
The future of work will be heavily impacted by Technology
The role of technology, and particularly Artificial Intelligence, will impact work heavily.
The future of work will be more flexible
Traditional employment will be moving to more flexible arrangements, exemplified by Gig Working trends
Technology facilitates flexibility
"The possibilities of billions of people connected by mobile devices, with unprecedented processing power, storage capacity, and access to knowledge, are unlimited. And these possibilities will be multiplied by emerging technology breakthroughs." -Klaus Schwab, World Economic Forum
People of all generations are turning to freelance work
"The stereotype of today’s freelancer is a young, scrappy urbanite hustling for gigs in a shared workspace or coffee shop. And while it is true that millennials make up the largest chunk of the freelancer population in the United States, another demographic may soon catch up: their parents." - Charlotte Cowes, NYT
Businesses will continue to benefit from freelancers
Specialized skills and expertise, as well as cost-effectiveness, are among the top benefits of hiring freelancers. More and more businesses are increasing the rates at which they hire freelancers to complete the work they need to be done.
The most common reason for turning to freelance work is the ability to be your own boss. No more working with control-freak management and no more being clocked in and out of the office—you are the master of your own ship. This is what people increasingly want.