The Uberconomy: How Traditional Jobs Are Being Replaced By On-Demand Employment

Your job is going to disappear.

It might not be today, it might not be tomorrow, it might not be for 10 years. But eventually, the job that you’re in now won’t exist.

Why?

Traditionally your job would disappear if it got outsourced overseas. Indian MBAs or Chinese manufacturers could do the exact same job that you did, but for less, so your employer moved your job overseas.

That still happens, and it will continue to happen.

But that shouldn’t be your biggest fear. The worst case scenario isn’t that your job just goes overseas.

The worst case scenario is that your job becomes irrelevant.

If you’re a black cab driver in London, that job won’t be outsourced – but it will be made irrelevant by Uber. No matter how much you protest against it.

If you’re a hotel manager, that job won’t be outsourced – but it will be made irrelevant by AirBnB. Hotel revenue is down by 10% in some places already.

If you’re a truck driver, that job won’t be outsourced – but it will be made irrelevant by self-driving trucks (like this one).

And so on, and so forth. Blue collar jobs are most affected, undoubtedly, but the middle class will be gutted too. Average is over.

No longer should you seek a steady, 40 hours a week job for a company that’s been around for 50 years and plans to be around for another 50. If you do, you are a fragilista in a world of rapid change, just waiting for something to happen that will make your job irrelevant.

The new model is on-demand, freelance work. It’s a new model of entrepreneurship in which you are a company of one, doing five different things to earn money.

You might work 10 hours a week for Uber, rent out a spare room on AirBnB, do some freelance consulting work on the side via Freelancer.com or PeoplePerHour.com, be a runner for Instacart or Favor on the weekends and, if you want to try something a little bigger, raise money for it on Kickstarter or IndieGoGo.

Don’t believe me? Uber reckons they’re creating 50,000 new jobs per MONTH. Kickstarter has had almost $2bn pledged towards projects. These are not numbers that will go down. The future is the Uberconomy, and it’s here to stay.

So what are you going to do about it? Moan to the government in the hope that they delay the inevitable? Or accept the reality of the situation and get to work?

 

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