Big Companies Launch Initiative to Ease AI Transition for American Workers

Key facts

• A new bipartisan nonprofit called RAISE US has launched.
• RAISE US aims to help American workers adapt to AI-driven job displacement.
• The organization is backed by major tech firms including Amazon and Microsoft.
• RAISE US has received over $500 million in initial funding.
• The nonprofit plans to pilot retraining programs.
• RAISE US will explore policy incentives.
• The organization will partner with states and employers.

A new bipartisan nonprofit organization named RAISE US has been launched with the goal of assisting American workers in adapting to job displacement caused by artificial intelligence. The initiative is backed by significant contributions from major technology companies such as Amazon and Microsoft, providing over $500 million in initial funding. RAISE US plans to implement pilot retraining programs designed to equip workers with new skills relevant to the evolving job market. Additionally, the organization intends to explore policy incentives that could further support workers and employers through this transition. These efforts will be undertaken in collaboration with various states and employers across the country. The overarching aim is to mitigate the negative impacts of AI on the American workforce and facilitate a smoother adaptation to AI-driven changes in employment.