Companies working with artificial intelligence (AI) and related technologies are expected to benefit dramatically from the big changes automation will bring to the world of work. Workers themselves, on the other hand, could be facing a future of unemployment and poverty. To ensure humans still have a place in the workforce of tomorrow, Google has established the Grow with Google initiative.
As company CEO Sundar Pichai explained during yesterday’s Grow with Google announcement event in Pittsburgh, PA, Google plans to distribute $1 billion over the next five years to nonprofits that specialize in training workers and helping new businesses get off the ground.
$10 million from the fund has already been committed to Goodwill. The company plans to use that money to implement the Goodwill Digital Career Accelerator, which aims to prepare members of the American workforce for jobs that require a high level of technological know-how.
Google will also embark upon a tour of the U.S., visiting libraries and community organizations to dish out training sessions and career advice as part of a commitment to deliver one million hours of employee volunteering over the span of the project.
Google isn’t the only tech giant investing a significant amount of money in programs to ensure that people are ready for the jobs that will be available in the coming years.
In May 2017, Apple announced plans to set up a $1 billion fund to help foster manufacturing roles in the U.S., and the company also has plans to fund coding workshops. Microsoft also recently announced their TechSpark program to help prepare for workers for coming economic changes by improving their digital skills and computer literacy.
Automation isn’t guaranteed to devastate the workforce, but it is almost certain to disrupt it. The benefits of the technology are simply too great to ignore, so companies are going to want to implement it whenever possible. Thanks to the likes of Google, we have the opportunity to train the people most likely to be affected by this change, thereby ensuring that nobody gets left behind in this new era of automation.