An online marketplace, Fiverr is determined to help freelancers boost their work to make their position competitive in the gig industry. Taking this initiative, the platform is launching AI-driven efforts that allow freelancers to cope with the changing market trends, train AI models, and earn from customers asking for services.
At the same time, Fiverr raises awareness by emphasizing that AI-driven initiatives and certain artificial intelligence tools will work to empower freelancers and not replace them.
Freelancing Opportunities with AI
Fiverr is an online marketplace that connects freelancers to businesses seeking services. The latest news is that it wants to aid freelancers in improving the quality of their work while remaining competitive and active in the gig economy.
The announcement came at a Tuesday event, revealing that Fiverr is ready to introduce a program to turn the idea into reality. The initiative will present freelancers with the opportunity to train AI according to their work demands and utilise it to secure their jobs.
This viewpoint resulted from the trend of replacing freelancers, including writers, app developers, and programmers, with AI.
AI Program
Fiverr is anticipated to launch a Personal AI Creation Model program to aid freelancers with voice-over, graphic design, and other task completion. Through this, gig workers effortlessly train an AI model following the pattern of their previous work, which includes marketing copy, digital advertisements, illustrations, and song lyrics.
Not only this, but freelancers can monetise tasks after training their artificial intelligence (AI) models. Concerning the alarming trend of replacing contractors, Fiverr CEO Micha Kaufman emphasises that the program’s launching will make freelancers’ position unshakeable in the market, giving them proper credit to expand their businesses.
The “Personal AI Creation Model” will facilitate freelancers' setting their pricing for the content that AI generates. In addition, they can ask customers whether they want content entirely generated from AI, human-written content, or a mix of both.
Fiverr clarifies that only top-rated freelancers can get the most out of this feature at this moment for about $25 monthly.
AI-Powered Assistance
Fiverr is on cloud nine, introducing AI-powered assistance and an AI-driven program. The Personal AI Assistant will be a chatbot with knowledge about the freelancer’s previous client interaction history.
This tool will offload freelancers’ work on routine tasks, reveal business insights, and respond to clients in the absence of a gig worker. The Personal AI Assistant costs $29 monthly, including the Fiverr Seller Plus premium plan.
Fiverr Initiative for High Achievers Freelancers
According to the latest news, Fiverr also grants a few company shares to freelancers who rank in the category of high achievers.
While no details are available concerning selection criteria, payout schedules, and share distribution, the decision caused Fiver’s stock price to shift. In addition, it also put its market cap on hold at $1.16 billion.
However, Fiverr’s move is a sign that the gig economy will undergo a shift, offering services that will be the blend of human generation and AI generated productivity.