What is the story about?
What's Happening?
The EmergingTech Economic Research Network (EERN) is examining the effects of artificial intelligence (AI) on the labor market, particularly focusing on low- and moderate-income workers. The network is hosting an event to delve into these trends, featuring a research presentation on AI exposure among workers in these income brackets. The event includes a panel discussion with workforce development leaders and employers, exploring how they are anticipating changes and adapting practices in response to AI's evolving role in workforce development and economic mobility.
Why It's Important?
AI's integration into the workforce has significant implications for economic mobility, especially for low- and moderate-income workers. As AI technologies become more prevalent, they can potentially displace jobs, necessitating new skills and training programs. This shift could widen economic disparities if not addressed through proactive workforce development strategies. Understanding AI's impact is crucial for policymakers and business leaders to ensure equitable economic growth and to prepare the workforce for future challenges.
What's Next?
The event aims to foster dialogue among stakeholders to develop strategies that address workforce challenges posed by AI. Future initiatives may include targeted training programs and policy recommendations to support workers affected by AI-driven changes. Stakeholders are expected to continue exploring collaborative approaches to enhance workforce readiness and economic mobility in the face of technological advancements.
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