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

Must Read

Can CBD Gummies Be Beneficial For College Students?

College students often feel more pressure than they have ever—or will ever—feel in their entire lives. Many...

Will Google’s Move To Delete 2,500 YouTube Channels Add Fuel To The Fire With China?

The US-China trade war has started rearing its ugly head. Both sides are now turning to extreme...

India Enterprise IT Spending To Reach Rs. 1,910 Billion In 2012: Manufacturing And communication Industry To Drive The Growth

Manufacturing and Communication Industry is expected to drive the overall growth in the years to come. Sectors like Education,...

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

OYO Introduces New Initiatives to Increase Employee Satisfaction

With work from home having become the new norm for most Indian startups due to mandatory social...

Amid Acquisition Talks, TikTok Gearing Up For A Legal Battle!

Desperate times call for extreme measures. The popular short-form video app TikTok has been facing unprecedented amounts of backlash from Uncle Sam...

PAN-Aadhaar link: 32.71 Crore Indians Can Now Reap the Benefits

The agenda to link every citizen's Aadhaar card with their PAN card has been on the Indian Government's radar ever since 2017....

When A City Had To Pay Ransom To Cyber Criminals!

While the rapid advancement in technology surely did gift us with newer and more powerful devices, be it smartphones or iPads, it...

Can Twitter’s New Feature Really Make You Feel Safe?

Twitter has been on what seems like a campaign to make the site a place for more meaningful conversations among users. Ever...

TikTok Acquisition: Not A Cake Walk for Microsoft

After President Trump announced an order banning US companies' transactions with Chinese businesses, which is set to come into effect 45 days...

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