The workplace is changing rapidly in Pakistan. Pakistan's gig economy has risen rapidly as more people work as freelancers or contractors. The ratio of jobs for students in Pakistan is very low; hence, students are seeking alternatives and choosing freelance platforms as their only hope.

Automation and AI are already affecting the workforce, and this trend will only grow. Many human jobs will be automated, causing job losses in some sectors. But AI will also create jobs in software development, data science, and many other devolving fields.

Rise of the Gig Economy

The gig economy refers to the growing number of freelancers and contractors. These professionals usually work for multiple clients on short-term contracts.

The gig economy in Pakistan is growing for many reasons. First, the internet makes finding and connecting with clients easier than ever. Second, Pakistan's poor education system leaves many young people unprepared for regular occupations. The gig economy is more flexible and free than traditional work. On one side, it can give young people new job options. However, it can cause job uncertainty and benefit issues.

Workers have more discretion over their work hours and location in a globalized, flexible, and collaborative workplace. Workers must prepare for future problems and possibilities.

Global Technology Growth and Landscape:

Technology drives gig economy growth.Technology makes finding clients and working remotely easier than ever. Independent workers now have many more options.

The top IT trends, according to McKinsey, We expect 50 billion gadgets to be connected to the IIoT by 2025 and 70% of manufacturers to use digital twins by 2023.

By 2025, Gartner expects 70% of new applications to leverage LC/NC technology, up from 25% in 2020. Bloomberg said on December 1, 2021, that the worldwide metaverse revenue opportunity might reach $800 billion in 2024, up from $500 billion in 2020. Entrepreneur and futurist Peter Diamand and Steven Kotler write in “The Future Is Faster than You Think” that technological advances will accelerate growth in the next decade more than in the past 100 years.

Tech literacy is essential to every profession and it requires constant learning.

IT changes dramatically as innovation reaches its limits and a culture of continual learning permeates businesses and individuals. IT must adapt to support the dynamic environment at the frontier of advancement.

The Poor Quality of Pakistani Education

Poor education in Pakistan is also fueling the gig economy. Many Pakistani youth lack the skills to work in traditional industries due to a poor education system. This has driven many young individuals to work in the gig economy.

Pakistan's government and schools must train youth for the gig economy. This involves giving them digital skills and social safety nets.

Pakistani Education and Knowledge Importance

Education and information will become increasingly crucial. Technology, problem-solving skills, and creativity will be needed in future jobs. We must foster a culture of continuous learning to equip young people for success.

Youth must develop communication, teamwork, and critical thinking abilities in addition to academic talents. Working in a worldwide environment requires certain talents.

Technology and data skills are in high demand. Businesses need these abilities to prosper in the digital era. The demand for professionals with these talents will rise.

The Pakistani government and educational institutions must invest in youth and teacher training because most of them teach obsolete curricula. This will ensure students have the skills for the future economy.

The gig economy in Pakistan can be beneficial if done right. It can enhance the economy, create jobs, and help young people succeed.

We need to embrace lifelong learning

Technological change will accelerate; therefore, workers must adapt swiftly. Future workers will need lifelong learning. They must constantly learn new skills and adopt new technologies.

Tech Trends 2023-2024 Pakistanis Must Prepare for: No Escape
Pakistani firms and individuals must also be aware of tech developments in addition to the skills and education stated above. The biggest tech trends likely to shape Pakistani IT and business in 2023 include:

Businesses and people must keep up with tech trends as they change. AI, blockchain, 5G, IoT, and cyber security are key tech topics in 2023–2024. Pakistanis may learn gig economy skills in many ways. You can take online classes. AI-as-a-Service, Genomics, DevOps, 5G, AI and ML, IoT, the Internet of Behaviors, and Edge Computing are among the topics covered in online courses.

AI is employed in many industries and will continue to expand. Blockchain might transform finance, healthcare, and supply chain management. The next generation of cellular networks is 5G. Whereas The digital age has made cyber security increasingly crucial. As technology becomes increasingly important, organizations and individuals become more exposed to cyberattacks. Protecting your data and systems against cyberattacks is crucial.

These are some of the key developments that will shape Pakistani IT and business in 2023. Businesses and people can prosper in the future by staying current on these trends.

Pakistani Youth and a Bright Future

Pakistani work seems promising. Youth in Pakistan can have a successful and fulfilling career with the correct skills and education. Young individuals can earn experience and skills in the gig economy. Pakistani youth can attain their dreams with hard work.

Technological change is only going to accelerate, so technology executives must remain flexible. They must adapt to new technology and use it for their enterprises. They must also foster constant learning and innovation in their organizations.

Businesses and individuals must keep up with digital trends because the sector is always changing. By doing so, they can position themselves for future success.”