New, hotly debated article titled Here’s what we know about generative AI’s impact on white-collar work (published behind FT’s paywall), suggests that “generative AI is already taking white-collar jobs and wages in the online freelancing world,” quoting two recent studies. However, both studies are indicative rather than conclusive.
Our take: The assertions and conclusions made in the article seem somewhat premature. The real impact of AI on the entire freelance economy in the USA will be seen later, from surveys and analyses of tax returns that are statistically representative. These will gradually emerge over the coming months. It’s also important to recognize that online freelance platforms (one of the studies primarily drew data from Upwork) are far from being representative of the freelance economy as a whole.
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