Joan Westenberg is an award winning Australian contemporary writer, designer and creative director.
The internet and now Web3 has created an environment where anyone can share their creations with people worldwide.
Digital technology has also enabled professionals to work remotely without being tied down by an office job.
The creator economy encompasses the new generation of creators and innovators who are not limited by the 95.
This trend has been emerging for years, but its only recently been given a name.
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This creates entirely new avenues for creative and entrepreneurial expression.
Why does the creator economy need a UBI?
Employment opportunities are significantly shrinking, even in traditionally middle-class, high-income nations such as the United States.
The vast majority of the worlds population is living in a system based on scarcity.
We are also seeing more workers being replaced by automation.
It is projected that by 2025, 47% of US jobs will be automated.
In a system based on scarcity, not everyone can get what they need.
More and more people are freelancing full- or part-time, with no safety net.
Many live off their credit cards and pay for everything with cash.
It also removes the stigma that comes with being unemployed or underemployed.
With no barriers, everyone would use their unique talents and skills to make money in the market.
Imagine an entrepreneur who has a business idea but doesnt know where to get the capital for it.
How can we make the creator economy work?
This allows us to work on our terms and pursue our passions.
Many people are indeed struggling in the current economy.
People who want to work on their terms but cant make ends meet.
People who want to make a difference but struggle to pay their rent.
People who want to contribute to the economy but cant find a job.
A universal basic income is a key to unlocking the true potential of the creator economy.
People will be free to live and make as true independent artists.
Individuals will have the freedom to make a difference in the world through their work.
This article was originally published onJoan Westenbergs Medium page.
you could read ithere.
Story byJoan Westenberg
Joan Westenberg is an award winning Australian contemporary writer, designer and creative director.
She is the founder of branding and advertising firm Studio Self.
