9-to-5 Jobs Will Die Out by 2034, Forecasts LinkedIn Co-Founder Reid Hoffman

The co-founder of LinkedIn, Reid Hoffman, has predicted typical 9-5 jobs will no longer exist by 2034. This forecast of his has gone viral on the internet.

In a new video clip, Hoffman explained why he feels that AI strongly has started to disrupt today’s workforce and it will eliminate traditional job arrangements in future.

According to Hoffman, the future worker may not be necessarily employed but rather participate in the gig economy. It means that they will work with various companies in multiple sectors under contract. It will mean lesser job security.

Neal Taparia, an entrepreneur and angel investor, shared Mr Hoffman’s video pointing out that Hoffman had envisioned the revolution of social media, the sharing economy, and AI way back in 1997, much before the advent of ChatGPT. He mentioned that within a few days of ChatGPT hitting the market, millions of jobs across the world became irrelevant, and several companies started training their employees to work with AI technologies.

Taparia also noted that at some future point, freelancers would make considerably more than permanent employees and that resumes/CVs could be out of fashion.