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SYDNEY, AUSTRALIA — A recent global survey by Freelancer.com reveals that generative AI adoption is leading to increased earnings and productivity among freelance workers, challenging concerns about AI-driven job displacement.Widespread AI adoptionThe study, which surveyed 4,363 freelancers between August and October 2024, found that 73% of freelancers are incorporating AI tools into their work, with 20% utilizing them consistently.ChatGPT remains the dominant platform, preferred by 31% of freelancers, followed by Meta AI at 14% and Google Gemini at 12%.Financial impact and productivity gainsHalf of the surveyed freelancers reported higher earnings since adopting AI tools, while 27% maintained their previous income…
(Bloomberg) — A gauge of Asian currencies hit its lowest in almost two decades against the dollar and equities fluctuated, with gains from a buoyant chip sector offset by weakness in Japan. Most Read from Bloomberg Benchmarks in Taiwan and South Korea advanced, helped by SK Hynix Inc. and other technology firms after Microsoft Corp.’s plan to spend $80 billion on data centers stoked interest. Hon Hai Precision Industry Co., the assembly partner to Nvidia Corp. and Apple Inc., rallied after the company also known as Foxconn reported better-than-expected revenue. Japan’s Topix dropped, with Nippon Steel Corp. declining after US…
Texas has been named the second-best state in the U.S. for independent workers, according to a new study.The study was conducted by Bonus.com, and evaluated factors such as income potential, cost of living, and the availability of coworking spaces to determine the most and least hospitable states for freelancers.Tennessee secured the top spot as the best state for freelancers in 2025, earning a score of 78.20 out of 100 in Bonus.com’s Freelancer-Friendly Index. Key factors contributing to Tennessee’s high ranking include the absence of an individual income tax, a relatively low cost of living (with an index of 88.3), and…
GoBankingRates recently reported on the 41 U.S. states that will not tax Social Security benefits in 2025. Missouri and Kansas opted to stop taxing benefits in 2024, leaving only 9 states in the union that will continue to tax benefits provided by the Social Security Administration (SSA) to U.S. citizens. Knowing which states will be taxing Social Security benefits in 2025 is very important. It will help you know whether or not you will have to send money to the U.S. government and give you more control over your finances. That’s why today we’re going to list each of the…
Creatives are in high demand within the gig economygetty Did you know that the global freelance marketplace is projected to make up more than 50% of the total U.S. workforce by 2027? That’s about 86.5 million people, according to Statista. And guess what, creative professionals are driving this surge and are at the forefront of the gig economy, including full-timers and part-time side hustlers. Creatives are unleashing their innovative skills and using them to benefit businesses worldwide, with skyrocketing demand in areas such as video production and editing, and content creation and marketing. For instance, the U.S. Bureau of Labor…
Although it may sound alarming at first glance, there’s no need to worry. Bank of America and Citi aren’t shutting down overnight—at least not permanently. This January, the most prominent banks in the United States will close their doors, but not due to financial issues. Instead, it’s simply because of national holidays. As an important occasion, New Year’s Day is recognized as one of the 11 federal holidays in the United States.Bank of America and Citibank observe the following federal holidays in 2025, during which their branches will be closed: New Year’s Day: Wednesday, January 1 Martin Luther King Jr.…
Photo by Persnickety Prints on UnsplashI can’t believe it has already been 9 months since I have been working as a freelance data scientist! I originally wrote about making the leap after I was 3 months in. Getting started my husband and I agreed that we would try it for 3 months and that we would know after 3 months if it was going to work. I am very pleased (and fortunate) to say that we knew after about a month that it looked like freelancing was going to work for us.My original post garnered a lot of public and…
A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota.Image: Stephen Maturen / Stringer (Getty Images)Over the past few years the health insurance industry has experienced a series of major mergers and acquisitions, further consolidating power into the hands of a few dominant companies — leaving Americans with fewer options.In 2018, CVS Health (CVS) acquired Aetna. That same year Cigna (CI) bought Express Scripts and in 2023, Kaiser Permanente merged with Geisinger. As of 2023, just four health insurers control a staggering 50% of the market, while six companies account for 30% of all…