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Future of Work Snapshot 2016


December 21, 2016

We predicted that technology changes would result in more talk than action in 2016. Well, in the sense that the trend would extend at a faster rate than government could adapt.

Prediction Accuracy

Unfortunately, we were about 50% accurate on the 3 predictions made:

  1. The “gig economy” grows significantly. This is just part of the overall shift in work patterns that makes organizations more agile, project-based and global. There will be more freelancing and more remote working. Results: Much anecdotal evidence to support this ~ 50%
  2. Good, bad or ugly, we won’t know what the impact of the “future of work” will be in 2016. The “future of work” will not sound rosy to those in traditional industrial-age organizations like governments, universities and unions. There will be winners and losers. There will be concern that increased automation could eliminate jobs. Results: bang on ~ 100%
  3. The future of work will have significant implications in developing countries and emerging economies. These countries tend to have traditional gig economies-informal work. On one hand, new platforms using mobile technology will enable more efficient use of human resources. Results: We thought that this one was 50/50 & we were mostly wrong ~ 0%
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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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