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The Side Hustle Economy Is Dying — Here's What's Quietly Replacing It
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The Side Hustle Economy Is Dying — Here's What's Quietly Replacing It
The gig economy narrative that dominated the last decade — drive for Uber, sell on Etsy, freelance on Fiverr — is losing steam. According to a McKinsey Global Institute report, gig worker earnings (adjusted for inflation) have declined 12% since 2021, while platform fees and competition have eroded margins to razor-thin levels. The side hustle economy isn’t just maturing — it’s being replaced by something fundamentally different. What Killed the…
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