Digital platforms have revolutionized the way people work. With the demand for talent rising and freelancers becoming increasingly favorable to the corporate world, businesses are looking to hire new talent through digital platforms. Companies such as Amazon, Etsy, Facebook, Google, Salesforce, and Uber are creating online structures that enable a wide range of human activities. This has opened the way for radical changes in how we work, let alone how we socialize and create value in the economy.
Digital platforms have changed the way we work in many ways. From social networking to how we work, digital media is now integrated into much of our work, improving productivity and facilitating how we interact and communicate with others.
With digitalization, higher accessibility to the internet and excessive use of electronic gadgets has reduced the world market into a smaller space. And with newer concepts such as big data, artificial intelligence, and crowdfunding, the labor market has changed exponentially.
Social media has birthed a new generation of entrepreneurs who are utilizing the platforms to build thriving businesses, invest in promising ventures and create new opportunities. According to a survey by Pew Research Center, 16% of Americans have ever earned money through an online gig platform, with the following options dominating the ranks.
1. Gig work:
Digital platforms such as Uber, Lyft, and DoorDash have created new opportunities for people to earn money by providing ride-sharing and food delivery services.
2. Remote work:
Digital platforms such as Upwork and Fiverr have created new opportunities for people to earn money by providing freelance services remotely.
3. Monetizing content:
Using such digital platforms as YouTube and Twitch has created opportunities for people to earn money by creating and sharing content online.
Some of the other exciting ways people are finding a way to earn additional income through the digital world include the following:
• Selling e-books:
You can write and sell e-books on platforms such as Amazon Kindle Direct Publishing.
• Creating online courses:
You can create and sell online courses on platforms such as Udemy and Coursera.
• Creating membership sites:
You can create membership sites where users pay a monthly or yearly fee to access exclusive content you produce.
The increasing prevalence of digital platforms in our work and income sources is ushering the world into a new era of technology. This shift is likely to contribute to the growth of the gig economy in the future.
Content Writer and Researcher