Does AI's progress pose the biggest threat to freelancers? Check these 3 examples of the probable ways in which AI tools can affect the freelancers!
1] Job Displacement : Freelancers in fields such as writing, graphic designing, and data entry face the risk of being replaced by AI-driven tools that can generate content, create designs, and process data faster and more cost-effectively.
2] Market Saturation : Rise of AI powered tools has increased the competition as it has potential to produce quality work at a fraction of cost, significantly driving down prices and making it harder for freelancers to demand competitive rates.
3] Skill Obsolescence : Moving forward in the future, freelancers will need to upgrade their skills in order to stay relevant in the presence of skillful AI tools.
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