Italy moves to address AI’s impact on jobs with €30 million investment

Last Update: May 16, 2023, 01:48 AM IST

Experts believe that AI can very soon match humans.  (Representational image/Reuters)

Experts believe that AI can very soon match humans. (Representational image/Reuters)

In total, 10 million euros will go to upskilling people whose jobs are at high risk of being replaced due to technological innovation.

Italy on Monday set aside 30 million euros ($33 million) to improve the skills of unemployed people as well as workers whose jobs may be most at risk from the growth of automation and artificial intelligence.

According to the Fondo per la Repubblica Digitale (FRD), established in 2021 by the Rome government to promote the digital skills of Italians, 54% of people aged 16-74 lack basic digital skills, compared to an average of 46 in European countries. % Is. Federation.

The FRD said the money to improve training would be allocated in two ways.

In total, 10 million euros will go to boost the skills of people whose jobs are at high risk of being replaced by automation and technological innovation.

The remaining 20 million euros will be allocated to help unemployed and economically inactive people develop digital skills that will improve their chances of entering the job market, FRD said.

A wide range of jobs could be at risk from automation, the FRD said, citing sectors including transport and logistics, office support and administration, production, services and retail.

The increasing prevalence of artificial intelligence (AI) and automation and the rapid development of tools such as ChatGPT have attracted the attention of lawmakers and regulators in many countries.

Many experts say new regulations are needed to govern AI because of AI’s potential impact on national security and education, as well as on jobs.

The ChatGPT chatbot was unavailable in Italy for nearly four weeks until its creator OpenAI addressed issues raised by Italy’s data protection authority in late April.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)