An enormous and rapid shift is taking place in what creative skills produce enormous amounts of money… for something these creatives might have done for free a mere 24 months ago.
Film and television production in Los Angeles has fallen by nearly 40% over the last decade, according to FilmLA, a non-profit that tracks the region’s production. At the same time, governments around the world have offered more generous tax credits and cash rebates to lure productions, and capture a greater share of the $248bn that Ampere Analysis... See more
It leads to major cost savings for companies. Tech is evolving rapidly, and the truth is that some jobs might become obsolete, making specialized, temporary skills more valuable.
This shift aligns with a cultural change where people are less loyal to long-term employers and more interested in using their skills independently to earn more.