Telecommuting and freelancing have surged due to advancements in communication tools like Zoom and project management platforms such as Asana. This flexibility improves work-life balance but can also lead to challenges like isolation and productivity issues.
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Automation and AI are transforming the job market by taking over repetitive tasks and creating new roles in tech fields. While automation can lead to job displacement, it also opens up opportunities in areas like AI development and data science, necessitating new skills for workers.
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IT has lowered barriers to starting a business, providing tools like e-commerce platforms and digital marketing services that enable global reach. Entrepreneurs benefit from cost efficiencies and flexible business models, driving innovation and expanding market access.