04/27/2024

Google Announces a New $75 Million Fund to Train Workers in AI

It also announced a new $49 online AI course

The biggest tech companies in the world are in the middle of a heated race to build the most powerful and popular generative AI products. That means they’re also in a race to hire the employees needed to build these tools.

A 2023 survey of employers found that the number one most in-demand skill is knowledge of AI, that 72 percent of companies plan to invest in AI upskilling, and 83 percent of leaders say their organization is moving quickly on AI skills training. However, according to the World Economic Forum’s 2023 future of jobs report, just half of workers currently have access to AI training.

Amidst this race, on Friday, Google announced a new $75 million “AI Opportunity Fund” through the company’s philanthropic arm, as well as a new $49 AI course offered online through Coursera. The initiative promises to teach one million Americans AI skills by providing grants to partner organizations, which will offer the course for free. Partners will include employers like Goodwill and higher education institutes like Miami Dade College.

Please select this link to read the complete article from Fast Company.