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Traditional work is dying.
By 2040, the American economy will be "scarcely recognizable," according to a newreport published by the Roosevelt Institute and the Kauffman Foundation.
The report, which includes insights from 30 economists, technologists, policy makers, and entrepreneurs, focuses on four main topics: the future of work, the future of technology, the future of entrepreneurship, and the future of inequality. Below are five changes to expect from America's next economy:
1. WORK WILL CONSIST OF MANY "SHORT-TERM" ASSIGNMENTS
By 2040, the job market will consist of part-time assignments, portfolio careers, and entrepreneurialism. Instead of day-in, day-out work consisting of much of the same responsibilities, a "career, then, will be composed of thousands of [short-term] assignments spread out over a lifetime," says the report.