Our previous article on the advantages and disadvantages of freelancing revealed how expansive and promising this industry is.
Now, we will examine three major global trends that have caused it to gain almost 1.2 billion practitioners worldwide: Industry 4.0, Future of Work Movement, as well Great Resignation. Let us start by delving into the first trend – Industry 4.0!
Industry 4.0 is ushering in an entirely new age characterized by embedded connectivity, technology’s ubiquitous presence, and a drastic shift from the digital landscape of two decades ago.
To simplify its meaning, this phenomenon denotes the digitization of production processes within manufacturing and other industries as well as their associated value-creation mechanisms.
Four core themes shaped the concept of Industry 4.0; these are expected to have long-lasting implications for career paths moving forward: