Freelancers and White-Collar Workers Fear Emerging AI Jobs
Academics from NYU and Washington University observed similar shifts. Their 2023 study focused on freelancers in writing-related jobs. After ChatGPT’s rise, job postings for these roles on Upwork declined by 2%, and monthly earnings dropped 5.2%. The conclusion:
“In the short term, generative AI reduces overall demand for knowledge workers of all types,” the researchers wrote.
This trend is contributing to what some analysts are calling a “white-collar recession”, where professional and creative roles are stagnating even as productivity increases. Read more on Business Insider
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Are Companies Making a Risky Bet on AI?
Despite the rapid shift, Munyikwa cautions against assuming AI can always substitute for human workers. While it’s clear that employers believe in AI’s capabilities, the long-term effects on quality, creativity, and profitability remain unknown.