AI Advances Spur Google to Spend $50 Million to Modernize Job Search?

Must Read

Free Netflix in India: A Result of Slow Growth In Q3 2020?

Netflix is testing a new strategy that could lead to free Netflix in India. The online streaming...

Reliance Jio Set To Blitz The 5G Smartphone Market With Jaw-Dropping Price

Cometh the revolution, cometh Reliance. This time the price of 5G smartphones under the radar of Reliance.

Apple iPhone 12: Not For India And You Must Not Fall Prey To Apple’s Marketing Machine

The cat is out from the bag, finally! Apple iPhone 12 has launched in the most sophisticated...

Google.org, an arm of Internet & Technology giant Google, is extending its aid to the modern job market by helping workers safeguard their jobs, empower people working in lower positions and help job seekers land their dream jobs.

According to their blog, Google will be spending $50 million to help people adapt to the “changing nature of work” in today’s world. These funds will be given out to non-profit organizations to help achieve the same. Further, Google workers will also be dishing out some volunteer time for the cause. Google also states their grants provide a three-fold benefit:

Provide effective training to ensure a job:

Advertisements

Google is, apparently, aiming to showcase the training programs most effective in landing majority of future jobs. Google has granted $750,000 to Social Finance, who will be working and researching on the same.

“The Google grant will help support more projects that prepare underserved youth for the workforce.” -Tracy Palandjian, CEO and co-founder of Social Finance.

Combining this with the $50 million grant that Google.org gave to nonprofits for closing the “education gap” around the world, millions of students and employees can find better opportunities and jobs.

Empower low-wage workers:

If you’re in the service industry, losing a few days on the job can be catastrophic to you. Keeping this in mind, Google has also provided grants to National Domestic Workers Alliance to expand its service, Alia. Basically, Alia is a program that allows domestic workers to pool their money, given through a monthly fee. When a worker faces health issues or injuries, the money can be used by him/her to handle the finances.

Calibrating the Job Hunt:

Advertisements

With a grant of $1.5 million, Code for America will work with workforce agencies to develop methods that allow people to reach the right training, counselling and jobs opportunities, all in one shot. Bayes Impact, on the other hand, received 1 million to work with Google data engineers on developing a feature that guides users on the skills they may need to acquire for a specific job. These initiatives will work along with “Google Hire“, the company’s new job listings website and the update to Google’s search engine to  help people search for jobs typing “jobs near me.”

Why is Google putting in so much effort?

As we can see Google is spending millions on safeguarding employees’ jobs. That too, with seemingly no profits. You have to wonder why the internet juggernaut is so concerned about the millions of jobs across the world.

“The $100 million in commitments to education and economic opportunity are the largest giving initiatives to date from Google.org”, Jacquelline Fuller, president of Google.org told USA Today.

According to USA Today, these initiatives are methods to help combat the advancement of artificial intelligence and automation, that is threatening the majority of jobs today.

However, as Recode rightly points out, Google fails to mention the exact nature of these technology advancements that are displacing workers and reshaping entire industries. We also know that Google itself is one of the tech pioneers in automation and artificial intelligence. Whether these efforts will balance the advent of technology and human forces, only the future can tell us.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Can Facebook Be Trusted For Newly Announced Hosting and Shopping Services?

Every coin has two sides. For Facebook Inc. (NASDAQ:FB), the positive side says that it has launched...

When the Going Gets Tough, the Tough Gather Online

Tech shows; we all know them, love them, and wish we could get to them. Unfortunately, that's not always possible. Or is...

Flipkart, Amazon Hurtle To Secure Their Slice in Aditya Birla Fashion

The battle conch for the festive season has already been blown. Now in a bid to take control of a new frontier,...

Jio Pages: The Indian Browser Reliance Is Betting On Now!

Looks like Reliance wants to establish Jio as a synonym of technology. After launching a fleet of Jio products in the last...

Less Than 5% Internet Users In India Have Netflix Subscription

The third-quarter earnings report of Netflix is out; The streaming giant beats the Wall Street expectations in terms of revenue but fell...

Free Netflix in India: A Result of Slow Growth In Q3 2020?

Netflix is testing a new strategy that could lead to free Netflix in India. The online streaming giant is exploring options to...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This