Fiverr's AI Transformation Catalyzes New Freelance Opportunities

26 days ago

Chris

"I took a look at earnings when they came out earlier this month, and you know, the argument here has been twofold. One is that a lot of people are worried that people aren't going to need freelancers anymore because AI is going to take care of it. And so if you don't have freelance human freelancers anymore, AI takes care of it. Then Fiverr, which is a network that connects freelancers to businesses that need their services, sees its base on which it can take a take rate deteriorate. But what we have seen also happen to counteract that trend is businesses are like, 'okay, yeah, I'm supposed to be using AI. I have no idea how to do that.' And Fiverr has realized that and in response has seen a big uptake in the number of AI smart human freelancers whose job is to make AI implementation a reality for businesses."

The discussion highlights Fiverr's challenge of a shrinking freelance market due to AI automation, offset by a growing opportunity as businesses struggle with AI implementation. Fiverr is benefiting from an increase in AI-savvy freelancers who help businesses adopt the new technology, raising questions about which trend will dominate in the long and medium term.

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