‘Your 9-to-5 job will extinct by 2034,’ LinkedIn co-founder Reid Hoffman makes BOLD prediction

In one of the videos that have created a sensation on social media platforms where Reid Hoffman, LinkedIn co-founder, has predicted that traditional 9-to-5 jobs could become obsolete by 2034.

In the new video that surfaced on social media, Hoffman has explained how AI strongly disrupting the workforce, which is eventually eliminating the workforce. His vision reflects a broader trend toward more flexible, remote, and project-based work environments. The idea is that advancements in technology, shifting work cultures, and evolving employee expectations will drive this transformation.

Hoffman feels that the future would not be necessarily employed but rather gig economies.

The video was shared by Neal Taparia, an entrepreneur and angel investor, pointing out his record of predictions in the past. The post reads, “That's Reid Hoffman's latest prediction – the founder of LinkedIn who predicted the rise of social media in 1997.”

Your 9-to-5 job is dying.

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

— Neal Taparia (@nealtaparia) July 24, 2024

Here are a few key points that might explain this prediction:

Remote Work: The COVID-19 pandemic accelerated the adoption of remote work, proving that many jobs can be done effectively outside a traditional office setting. As technology continues to improve, remote work could become the norm rather than the exception.

Technology and Automation: Advances in AI and automation are likely to change how work is done. Tasks that were once performed during set hours may be completed more efficiently with technology, leading to more flexible work schedules.

Gig Economy: The rise of freelance and gig work is another factor. Many people are already moving away from traditional full-time positions in favour of freelance, contract, or part-time work that offers greater autonomy.

Work-Life Balance: There's an increasing emphasis on work-life balance and employee well-being. Flexible schedules can contribute to a better balance, making the rigid 9-to-5 model less appealing.

Global Talent Pool: As companies tap into a global workforce, the need for synchronized work hours across time zones may diminish. Work could become more about results and deliverables than clocking in specific hours.

While Hoffman’s prediction is bold, it aligns with ongoing trends and shifts in the work landscape. It’ll be interesting to see how these changes play out and what new work models will emerge over the next decade.