Futures

The Rise of Overemployment with AI, from (20231010.)

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Summary

The article discusses the emergence of multi-job hustlers during the COVID-19 pandemic, facilitated by the normalization of remote work. These individuals have come together online, referring to themselves as the “overemployed.” The use of AI tools, specifically ChatGPT, has allowed them to automate and streamline their work, making it easier to hold multiple jobs simultaneously. However, the growing popularity of AI technology has raised concerns about its potential impact on the job market, with fears that it could automate away a significant percentage of jobs. Despite the advantages, members of the overemployed community are aware of the taboo surrounding their actions and the potential risks if employers realize the extent to which their jobs can be automated.

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Signals

Signal Change 10y horizon Driving force
Rise of “overemployed” community Increase in people working multiple jobs More people working multiple jobs Desire for increased income and flexibility
Growing use of AI chatbots like ChatGPT Automation of job tasks More job tasks automated with AI Efficiency and time-saving benefits
Concerns about AI’s impact on the job market Fear of job automation Increased job automation, potential job loss Advancements in AI technology
Use of AI tools to automate corporate workday Increased automation of work tasks Greater automation of corporate tasks Desire for increased income and reduced workload
Expanding experimentation with AI tools Increased use of AI for various tasks More tasks automated using AI tools Desire for increased income and efficiency
Use of AI chatbots to assist with writing tasks Streamlining of writing processes Writing tasks made easier and faster Desire for increased efficiency and productivity
Use of AI tools to outsource tasks Delegation of tasks to AI tools Easier management of multiple jobs Desire for increased productivity and time management
Increased use of AI in financial reporting Automation of financial reporting tasks Faster and more efficient financial reporting Desire for increased productivity and accuracy
Excitement and reliance on ChatGPT as an assistant Dependency on AI for assistance Increased reliance on AI as an assistant Desire for increased support and productivity
AI tools as a means to achieve financial independence Pursuit of financial independence through automation Increased financial independence through AI tools Desire for increased wealth and freedom
Concerns about job security and automation Fear of job loss due to automation Potential job loss due to increased automation Fear of being replaced by AI and robots
Perception of AI as a threat to job security Recognition of AI’s potential impact on jobs Increased awareness of AI’s impact on job security Fear of job displacement and competition
Exploration of outsourcing jobs to other countries Offshoring of job tasks to lower-cost countries Increased offshoring of jobs to save costs Desire for cost savings and efficiency
Reflection on the future impact of AI on jobs Speculation on the future of jobs with AI Uncertainty and concern about job market changes Awareness of potential job transformations

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