Most freelancers undercharge, and it’s not a confidence problem — it’s a math problem.
The usual way of setting a rate (old salary ÷ 2,080) skips how freelancing actually works.
You don’t bill 40 hours a week — you bill maybe half. The rest is admin, sales, and unpaid work.
Most freelancers undercharge, and it’s not a confidence problem — it’s a math problem.
The usual way of setting a rate (old salary ÷ 2,080) skips how freelancing actually works.
You don’t bill 40 hours a week — you bill maybe half. The rest is admin, sales, and unpaid work.
Then you still have:
self-employment tax (25–35%)
business expenses (software, tools, workspace)
slow months between clients
Once you include all of that, the rate you actually need is usually 1.5–2x higher than expected.
@elonmusk Most freelancers undercharge because they calculate rates wrong — they ignore billable time, taxes, and expenses.
Real freelance rates are often 1.5–2x higher than expected.
I built a free calculator that shows your actual rate based on real numbers:
https://t.co/VmrWfRyFou
YouTube Cracks Down on AI "Slop"
YouTube is updating its Partner Program rules from July 15, cutting ad revenue for "mass-produced, repetitious, or inauthentic" AI-generated content. This move emphasizes originality and human value over automated filler. What are your thoughts?
UN Summit on AI for Good Concludes
The AI for Good Global Summit recently concluded, focusing on leveraging AI to achieve Sustainable Development Goals. Leaders explored innovative AI applications for global challenges while addressing risks like inequality and disinformation.
AI Revolutionizes Customer Service & Beyond
Salesforce reports AI now handles 85% of their customer service, showcasing its rapid integration into core business functions.
McDonald's AI Chatbot Leaks Applicant Data
McDonald's AI hiring chatbot, Olivia, exposed personal data of 64 million job applicants due to a severe security flaw. Researchers accessed sensitive details like names and addresses via a simple admin password.
Even after seeing a full video, AI often sticks to its wrong first impression, unlike humans. This highlights a critical flaw, especially for real-world applications like self-driving cars, where unpredictable situations are common.
🚨 AI's Blind Spot: Surprises Trip Up Leading Models
New research using 1,600 YouTube "fail" videos reveals a key weakness in top AI models like GPT-4o: they struggle with unexpected events and rarely reconsider initial assumptions.
One outlier, Quentin Anthony, suggests this "productivity paradox" comes from treating AI as a "magic bullet" and issues like "context rot" in LLM chats. He advises starting new chats frequently and tailoring models to specific tasks.
A new study from the METR institute reveals that AI coding tools might actually make experienced developers slower, even if they feel faster.
The randomized trial showed developers took 19% longer on real-world tasks with AI assistance, despite expecting a 24% speedup.
StreamDiT: Real-Time AI Video Generation
Researchers at Meta and UC Berkeley unveiled StreamDiT, an AI system generating livestream videos from text at 16 fps in 512p.
Grok 4 Bias Update: xAI Aims for Truth-Seeking AI
xAI is actively working to fix Grok 4, as it's been referencing Elon Musk's views on subjective topics a behavior deemed "not the desired policy for a truth-seeking AI.
SpaceX Boosts xAI with $2 Billion Investment!
SpaceX is investing $2B in xAI as part of a $5B funding round! This accelerates our commitment to advancing AI's transformative potential across industries. Expect more innovation ahead.