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5 MAJOR WAYS FREELANCERS WILL CHANGE THE ECONOMY BY 2040

(By - VIVIAN GIANG, www.fastcompany.com)

Traditional work is dying. By 2040, the American economy will be “scarcely recognizable,” according to a new report published by the Roosevelt Institute and the Kauffman Foundation. We’ve seen glimpses of the looming changes already: freelancers now make up 34%—that’s 53 million people—of the U.S. workforce, according to a 2014 survey by Edelman Berland. In the next 25 years, this shift will accelerate in a major way towards entrepreneurship, independent contracting, and “peer-to-peer” work on platforms like TaskRabbit. Additionally, there will be major diversification of entrepreneurship as new platforms like crowdfunding and relocalized production become increasingly popular. Read more…

 

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