The companies most likely to automate your job are now funding a $1 billion program to retrain you

Insight summary

• •Former US Commerce Secretary Gina Raimondo founded Raise Us, a nonprofit aiming to raise $1 billion for retraining American workers for an AI-driven economy.
• •The initiative has secured $500 million so far, supported by tech giants like Amazon, Microsoft, Anthropic, and OpenAI.
• •Raise Us is a bipartisan effort involving over two dozen corporations and four governors from Arkansas, Connecticut, Maryland, and Utah.
• •Pilot programs focus on skill-building, job transition assistance, and innovative retraining models, including AI-powered career navigation in Arkansas.
• •The organization emphasizes aligning state education with employer demand and creating corporate incentives for retraining.
• •Concerns exist about the independence of Raise Us due to funding from companies that could profit from AI adoption.
• •Retraining displaced workers has historically been challenging in the US, with uncertain outcomes for this new initiative.