LinkedIn's Reid Hoffman predicts demise of traditional 9-5 jobs by 2034

While the shift could offer greater flexibility and a broader range of opportunities, it might also result in reduced job security.

Reid Hoffman, co-founder of LinkedIn, has garnered significant attention with his prediction that traditional 9-5 jobs will become obsolete by 2034. In an old interview, Hoffman elaborated on how he anticipated Artificial Intelligence (AI) will fundamentally transform the workforce, leading to the demise of conventional employment structures.

Hoffman envisioned a future where the typical worker is no longer employed in the traditional sense but participates in the gig economy. This model would involve working with various companies across multiple sectors on a contractual basis. While this shift could offer greater flexibility and a broader range of opportunities, it might also result in reduced job security.

Your 9-to-5 job is dying.

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By 2034, it'll be extinct.

That's Reid Hoffman's latest prediction – the founder of LinkedIn who predicted the rise of social media in 1997.

Here's what he said next: pic.twitter.com/dZTDzBKlfB

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— Neal Taparia (@nealtaparia) July 24, 2024

Neal Taparia, an entrepreneur and angel investor, shared Hoffman's video, emphasising his track record of accurate predictions. Taparia highlighted Hoffman's early foresight regarding the social media revolution, the sharing economy, and the rise of AI, all of which he anticipated as early as 1997—well before the advent of technologies like ChatGPT.

"Hoffman's past predictions are spooky: Predicted social networks would change the world (LinkedIn sold for $26B), saw the sharing economy coming (early Airbnb investor), called the AI revolution years before ChatGPT," Taparia noted in his post on X (formerly Twitter).

Hoffman's past predictions are spooky:

(LinkedIn sold for $26B)

So we should probably listen to his latest prediction: pic.twitter.com/7CzIyMuRiO

— Neal Taparia (@nealtaparia) July 24, 2024

Taparia further observed the rapid advancement of AI, noting that within days of ChatGPT's release, millions of jobs worldwide were rendered obsolete, prompting numerous companies to begin training their employees to integrate AI technologies into their work.

Hoffman’s insights suggest that freelancers may eventually earn more than permanent employees, and traditional resumes could become outdated.