November 18, 2019
DIGITAL

Freelancer’s ​’Fast 50 Report’ Reveals Huge Appetite for Skills Relating to AI, ML — Freelancer

Media Release:

“The second trend is toward a leaner, more distributed workplace. Following on the trend evident in Q1’s Fast 50 Report, more companies are turning to freelancers for their day-to-day operations work, such as Customer Service, Bookkeeping and Copy Typing.”

SYDNEY, July 11 — IT’s time to get ready for the bot revolution, as jobs related to machine learning (ML) and artificial intelligence (AI) have posted a spike in demand, according to Freelancer.com’s latest “Fast 50 Report.”

AI is being used for all kinds of off-the-wall applications, from developing vaccines to determining the authorship of Beatles songs. Jobs requiring AI skills are only set to grow.

The Freelancer.com Fast 50 Report charts the quarterly movement of the top 50 fastest growing and declining job type categories within Freelancer.com’s online marketplace, which today includes more than 34 million people across 247 countries, regions and territories around the world.

Freelancer 1

In the Q2 2019 Fast 50 Report, Freelancer.com’s data scientists and engineers pored over the more than 433,000 jobs posted on the site to analyze the latest trends in the job market and identify the skill sets that saw the biggest movement in demand.

“There are a couple of fascinating trends in this quarter’s Fast 50 Report,” Freelancer.com Chief Executive Matt Barrie said. “The first is the enormous demand for any skill relating to artificial intelligence and machine learning. The potential applications for machine learning technology seem limitless, and we expect demand in this area to continue growing.”

“The second big trend is large companies moving towards a more agile, leaner workforce that addresses their immediate needs. This is evident in the number of administrative skills in this quarter’s Fast 50, and, anecdotally, in the increasing demand we’re seeing for Freelancer Enterprise, our platform solution for large organizations.”

Top Freelancing Jobs of the Second Quarter of 2019

The top 10 jobs which have shot up the scale this year are Customer Service, Copy Typing, Bookkeeping, Academic Writing, Data Processing, React Native, Statistical Analysis, Machine Learning, Spanish, Algorithm and Virtual Assistant.

In addition to these skills, freelancing jobs related to Statistics and Mathematics are Q2 2019’s rising stars, along with Mechanical Engineering. All three categories posted strong gains over the quarter.

Two trends are evident in this quarter’s Fast 50 Report. The first is the rise in skills related to artificial intelligence, such as Machine Learning, Statistical Analysis and Data Processing. Overall, there’s a heavy tech focus in this quarter’s Fast 50.

The second trend is toward a leaner, more distributed workplace. Following on the trend evident in Q1’s Fast 50 Report, more companies are turning to freelancers for their day-to-day operations work, such as Customer Service, Bookkeeping and Copy Typing.

Name

Q1 2019

Q2 2019

% increase

Customer Service

1913

2961

54.78 %

Copy Typing

4744

7116

50.00 %

Bookkeeping

1047

1562

49.19 %

Academic Writing

2117

3012

42.28 %

Data Processing

10896

15107

38.65 %

React Native

1162

1603

37.95 %

Statistical Analysis

1222

1672

36.82 %

Machine Learning (ML)

2144

2930

36.66 %

Spanish

2397

3249

35.54 %

Virtual Assistant

6103

8098

32.69 %

Algorithm

2489

3294

32.34 %

Data Entry

22081

29153

32.03 %

Engineering

3636

4797

31.93 %

Statistics

1800

2373

31.83 %

Microsoft Office

2086

2740

31.35 %

English Spelling

1053

1376

30.67 %

Swift

1773

2313

30.46 %

Adobe Illustrator

1378

1797

30.41 %

2D Animation

1015

1320

30.05 %

Excel

18493

23744

28.39 %

Web Search

8388

10764

28.33 %

Powerpoint

2910

3730

28.18 %

Project Management

1318

1687

28.00 %

C++ Programming

6423

8129

26.56 %

React.js

2118

2678

26.44 %

Ionic Framework

1075

1082

0.65 %

Animation

7158

7180

0.31 %

Logo Design

33688

33777

0.26 %

Codeigniter

1789

1790

0.06 %

Legal

1418

1416

-0.14 %

CSS

21674

21605

-0.32 %

Video Services

7975

7948

-0.34 %

Magento

3099

3076

-0.74 %

eCommerce

7829

7728

-1.29 %

XML

1019

1005

-1.37 %

Graphic Design

82817

81413

-1.70 %

Ubuntu

1205

1178

-2.24 %

PhoneGap

1083

1052

-2.86 %

Metatrader

1271

1230

-3.23 %

Bootstrap

2281

2199

-3.59 %

Twitter

2376

2275

-4.25 %

Icon Design

1179

1128

-4.33 %

Google Plus

1148

1089

-5.14 %

Social Networking

2160

2047

-5.23 %

Programming

1514

1434

-5.28 %

Branding

1455

1373

-5.64 %

Writing

1060

983

-7.26 %

PSD to HTML

1863

1705

-8.48 %

Joomla

1292

1164

-9.91 %

Prestashop

1382

1126

-18.52 %

1.   Customer Service

According to Forbes, AI will eventually do the heavy lifting for most companies’ Customer Service. In the meantime, most customers want the comfort of talking to another human being. Customer Service was the big winner in this quarter’s Fast 50 report, with demand for the skill rising 54.78% in Q2 2019 (from 1,913 to 2,961). The rise in demand for Customer Service is also indicative of the trend towards a leaner, distributed workforce. Turning to freelancers for customer service allows companies to provide 24/7 support, with freelance customer service agents working across time zones and international boundaries.

2.   Copy Typing

Continuing the trend of the distributed administrative workforce is a strong rise in Copy Typing. The skill saw demand grow by 50.00% in Q2 2019 (from 4,744 to 7,116). Copy Typists specialize in transferring handwritten notes into an editable format. Accuracy and speed are the key skills for copy typists, and hiring a freelancer means companies can quickly and efficiently put jotted meeting notes into a readable and distributable format.

3.   Bookkeeping

Bookkeeping is yet another administrative skill businesses are handing to freelancers in order to streamline their processes. Demand for Bookkeeping grew 49.19% in Q2 2019 (from 1,047 to 1,562). It’s clear that organizations are seeing the value in focusing their efforts on high value tasks while turning to a distributed workforce to handle administrative tasks.

4.   Academic Writing

Academic Writing is the first outlier on this quarter’s Fast 50 that doesn’t illustrate the trends of using freelancers for administrative tasks or machine learning and AI. Nevertheless, demand for Academic Writing skills grew by 42.28% in Q2 2019 (from 2,117 to 3,012). Expect some seasonality in this trend, as the quarter corresponded with the end of the semester for colleges and universities.

5.   Data Processing

The 38.65% rise in demand for Data Processing skills (from 10,896 to 15,107) continues the dominant trend in the Fast 50, the global rise of Big Data and Machine Learning. Data Processing entails collecting data and translating it into useful information. It’s a task usually carried out by data scientists, and is a vital step in creating machine learning and artificial intelligence applications. Big Data and AI are being utilized in every field imaginable, including in the burgeoning cannabis industry.

6.   React Native

The market for mobile apps is huge, and continuing to grow. According to Statista, global mobile app downloads will grow to 258.2 billion by 2022. Reflecting this trend, demand for React Native skills rose by 37.95% during Q2 2019 (from 1,162 to 1,603). React Native is a framework developed by Facebook for developing native mobile apps for Android or iOS, and as more organizations recognize the opportunity presented by having their own mobile app, we expect demand for skills like this to continue growing.

7.   Statistical Analysis

Big Data continues to get bigger, and is expected to drive $203 billion USD in revenue for companies in 2019. That data requires sophisticated analysis, so it’s little wonder Statistical Analysis  rose in demand by 36.82% (from 1,222 to 1,672). The ability to analyze and visualize large data trends factors heavily into the next skill in the Fast 50, Machine Learning.

8.   Machine Learning

Artificial intelligence is dominating the news, and is being used for tasks as varied as identifying suicide risk, to financial forecasting to writing car commercials. Technology like the Freelancer API uses machine learning to merge computer intelligence with human ingenuity, allowing machines to find human talent. It’s no wonder, then, that jobs involving Machine Learning saw a 36.66% rise in demand (from 2,144 to 2,930). AI and machine learning engineers are becoming some of the most globally in-demand talent as AI further integrates into daily life, merging human intelligence with computer processing power.

The Freelance Jobs That Saw Demand Decline

Several skills in the Freelancer Fast 50 saw a decline in Q2, though declines in demand were much less pronounced than in Q1, suggesting the freelance marketplace is healthy and robust. The skills that saw the largest declines were PrestaShop, PSD to HTML, Joomla and Writing.

The decline in PrestaShop, a platform for e-commerce sites, is particularly interesting considering the rise in Q1 demand for Shopify skills. Considering PrestaShop and Shopify are competitors, it could be an indication that Shopify is winning the e-commerce war.

However, the freelancing marketplace remains fluid, and skills that fall out of vogue in one quarter can see a huge uplift in demand the next. The overall trend appears to be one in which more businesses recognize the value provided by skilled freelancers. The freelance marketplace is in an excellent position in 2019.

Freelancer image

Rising stars: the emerging jobs to watch

Algorithm

Another vital skill for machine learning and artificial intelligence applications, demand for Algorithm skills rose 32.34% in Q2 2019 (from 2,489 to 3,249). Any skill set related to machine learning is set to be in hot demand, with Statistics also rising 31.83% (from 1,800 to 2,373). Freelancers already skilled in this area are perfectly positioned, while those who have yet to skill up should do so now or risk being left behind.

Engineering

The recent launch of Arrow Plus powered by Freelancer is providing vital engineering solutions to Arrow Electronics’ clients all over the world. The impact of this partnership is already evident, with demand for Engineering skills up 31.93% for Q2 2019. Freelancers with backgrounds in Electrical and Electronic Engineering can also expect to see an uplift in demand for their skills. (Freelancer.com)

Featured image of human hand and robot hand courtesy of Geralt on Pixabay.

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