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Why so many people are picking up extra jobs, side hustles

Feb 20, 2024 - businessinsider.com
The article discusses the increasing trend of side hustles among Gen Zers due to economic uncertainty and the ease of earning additional income through artificial intelligence tools. It highlights the story of Jackie Mitchell, who made nearly $11,000 outside her regular job, and Keida Dervishi, who made over $1 million in sales from her Etsy shop. The article also mentions that almost 40% of Gen Zers have a side hustle, according to a 2023 poll.

In other news, the article covers various topics including the bearish outlook of elite investor Jeremy Grantham on the market, tech CEOs' public disagreements, the potential negative impact of increasing ads on streaming platforms, and Walmart's potential acquisition of TV manufacturer Vizio. It also mentions OpenAI's reported development of a web search product to compete with Google Search, and the benefits of dressing professionally for work.

Key takeaways:

  • Almost 40% of Gen Zers have a side hustle, according to a 2023 poll, with many using artificial intelligence tools to generate additional income in fields they have no experience in.
  • Elite investor Jeremy Grantham warns that stocks are overvalued and AI is a bubble set to pop, predicting trouble for an economy “living on air”.
  • Tech CEOs are publicly criticizing each other as they vie for leadership in the new generation of AI and mixed reality.
  • Streaming platforms are increasing the number of ads they show per hour, which is expected to significantly alter the streaming experience.
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