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AI jobs initiative RAISE US launches with $500M for worker retraining

A new bipartisan nonprofit called RAISE US has launched with over $500 million to address potential job displacement caused by artificial intelligence. Co-founded by former Commerce Secretary Gina Raimondo and former Indiana Gov. Eric Holcomb, the organization aims to pilot education and training programs in partnership with states and major employers. The initiative seeks to help American workers transition to new careers in an increasingly automated economy, with initial partnerships including companies like Amazon, Microsoft, and Anthropic, and advisory board members such as Paul Ryan and Liz Shuler. AI

IMPACT This initiative aims to mitigate widespread job displacement, potentially influencing workforce development strategies and the pace of AI adoption.

RANK_REASON Launch of a major nonprofit with significant funding and high-profile figures addressing AI's impact on jobs. [lever_c_demoted from significant: ic=1 ai=0.7]

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AI jobs initiative RAISE US launches with $500M for worker retraining

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Josh Boak, The Associated Press ·

    One of the Democratic Party’s brightest stars is co-founding a group to help with the coming AI jobs earthquake

    "We’re talking about a certain level of unemployment that could destabilize our country and our democracy," Gina Raimondo told the AP.