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Retraining

All articles tagged with #retraining

policy2 months ago

Bipartisan $500M AI-Reskilling Push Aims to Save Jobs

A bipartisan group called RAISE US launches with $500 million from AI companies and other donors to retrain workers displaced by AI, led by former governors Gina Raimondo and Eric Holcomb. The pilots will roll out in several states, testing things like expanded service-year opportunities and updated unemployment-insurance for entrepreneurs, as part of a broader effort to ease the AI-driven transition without federal ownership or tax-overhaul proposals. The board includes labor and business leaders, with major donors such as Anthropic, OpenAI, Amazon, Microsoft, Bank of America, GM and Lilly, and the group plans to raise up to $1 billion overall.

via Politico|
#ai#bipartisan#policy
policy2 months ago

Liccardo rolls out SKILL Act to fund AI-ready training via tax credits

Rep. Sam Liccardo unveiled the SKILL Act, a policy to spur private investment in AI-ready training by authorizing $500 million annually in state-distributed tax credits for companies that fund curricula development, internships, apprenticeships, labs, and other learning initiatives at colleges and universities; eligible employers would get $2,500 for each student who completes a program and an extra $2,500 for each graduate they hire, with support from lawmakers like Rep. Jimmy Panetta and industry groups such as Nvidia, TechNet, the Digital Chamber, and the Chamber of Progress.

via Politico|
#ai#higher-education#policy
IMF calls for retraining and protections as AI reshapes jobs
world7 months ago

IMF calls for retraining and protections as AI reshapes jobs

An IMF analysis of the US, UK, Germany, Denmark, Brazil and South Africa finds AI-related skill demand is boosting wages but not net employment in the most exposed jobs; five years on, regions with higher AI-skill demand show a 3.6% employment gap. The IMF urges stronger retraining, social protection and education reform so workers can leverage AI rather than compete with it, ahead of Davos.

via Financial Times|
#artificial-intelligence#employment#imf
The Impact of AI on High Earners, Knowledge-Based Jobs, and the Global Economy.
ai3 years ago

The Impact of AI on High Earners, Knowledge-Based Jobs, and the Global Economy.

Generative AI could have the biggest impacts on high earners, particularly those in knowledge work involving decision-making and collaboration, according to a McKinsey report. Recent iterations of generative AI have focused on improving cognitive skills, which could automate work activities that consume between 60% and 70% of employees' time. However, workers may need help retraining to move to different work activities or even another job. The report also suggests that generative AI could act as a "virtual expert" to help workers quickly access internal information.

via Business Insider|
#ai#generative-ai#high-earners