The companies most likely to automate your job are now funding a $1 billion program to retrain you
A $1 billion program, 'Raise Us', aims to retrain American workers for jobs impacted by AI. Former US Commerce Secretary Gina Raimondo launched the bipartisan nonprofit.
What happened
Raise Us is a nonprofit initiative launched by former US Commerce Secretary Gina Raimondo, with funding from major tech companies like Amazon and Microsoft. These companies are among those most likely to automate jobs, but they're now investing in worker retraining. The program has a $1 billion budget.
Why it matters
As AI transforms the job market, businesses like yours may need to adapt and retrain staff. This initiative could provide a valuable resource for your company to invest in employee development. However, the involvement of tech companies that drive automation may raise questions about the program's independence and potential biases.
The takeaway
You may want to explore this initiative as a potential resource for your business, but also consider the potential implications of its funding sources on its effectiveness and objectivity.
Our plain-English take, written from public reporting for operational business owners. Always read the original for full context.
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