Google has said that it will establish a 25 million euro ($26.9 million) support fund to assist in providing artificial intelligence (AI) skill training for Europeans.
In an era where Europe is positioned to “lead the way” in utilizing AI for commercial purposes, the AI Potential Initiative for Europe seeks to assist in providing training so people can “seize the opportunity of AI.”
€10M Allocated for Empowering Workers
Google’s AI Training Initiative Targets Vulnerable Populations According to the tech developer, local companies will receive advanced AI training from this project, which collaborates with governments, corporations, academic institutions, and civil society organizations in the European Union, with a special emphasis on vulnerable populations.
The goal of providing workers with the skills they need to prevent “being left behind” will get about 10 million euros. The Italian government launched a similar program in the middle of 2023, providing millions of euros in subsidies to help workers who might be laid off as a result of automation and artificial intelligence (AI) acquire digital skills.
Google noted that the AI program is a continuation of the successful “Grow with Google” program, which was introduced in 2015 and provided free training to help close the digital skills gap in the European Union. The program, it stated, trained more
than 12 million individuals. To reach as many people as possible with AI training, this most recent project also involves a relationship with the Centre for Public Impact (CPI), through which it is soliciting applications from social entrepreneurs and organizations headquartered in the EU.
AI has enormous potential to “transform the world,” but it also can increase inequality, according to Adrian Brown, executive director of the CPI.
The EU AI Act, which regulates the use and advancement of AI technologies in areas under EU legal jurisdiction, is now being finalized by local regulators.
