Journalist Abbianca Nassar turned her successful freelance gig work into a full-time job after losing her main job. She fears losing gigs to AI, as clients develop AI tools and ask for human-sounding edits. Nassar is resigned to AI becoming a staple in her work, adapting to stay relevant.
42 million Americans have side hustles, with many relying on them for primary income. TurboTax reports 45% make less than $500 monthly, while 27% earn at least $1,000. AI’s rise could impact side hustlers, as a Washington University report found a decline in freelancing work and income due to AI tools.
AI may affect side hustles, but it can also help automate tasks and boost efficiency. Embracing AI and developing skills that machines can’t replicate are key. Side hustles less likely to be taken over by AI include dog walking, pet sitting, and handyman services. Budget carefully and build an emergency fund.
71% of Americans fear AI will permanently take their jobs, according to a recent Reuters/Ipsos poll. Having a backup plan and financial cushion is vital. It’s essential to adapt to AI’s presence in the workforce and build skills that complement rather than compete with AI.
Read more at Yahoo Finance: AI isn’t just threatening your job, it could target your side hustles too. Are your extra income sources at risk?
