"Amid growing public anger over A.I. and a debate over how to regulate it, a group of employers, state governors and foundations has raised $500 million to try to answer some of those questions themselves," reports the New York Times.

"Just how many jobs will AI upend?" asks the Wall Street Journal, reporting that the new coalition says it's time to ready the U.S. workforce for a "major" disruption — no matter how large it turns out to be. The coalition "has so far raised more than $500 million — about half of its multiyear goal — from companies and nonprofit groups. It will initially work with state governments in Arkansas, Maryland, Utah and Connecticut. OpenAI and Anthropic are also involved, and academics including MIT economist David Autor sit on an advisory board." [The new "RAISE US" coalition] will be led by former Commerce Secretary Gina Raimondo, who served under former President Joe Biden, and former Indiana Gov. Eric Holcomb, a Republican. Its mandate, they said, isn't just to build retraining programs but also to reconsider decades-old policies such as unemployment insurance and act as a working lab for testing the most effective ways to transition workers to new fields. The group will explore corporate incentives for employers to hold on to workers whose jobs are disrupted by AI and prep them for new roles... The mission of the group is to "pull all the levers at once," Raimondo said. That means teaming up with employers to find ways to help workers gain skills or new roles and joining with educators to roll out different types of training. It also plans to propose policy changes such as tweaking unemployment benefits to let displaced workers continue to get them while they, for instance, start new businesses with AI... In Maryland, the group plans to expand a service-year option in the state to help people gain exposure to such growing fields as healthcare. An effort in Arkansas will focus on supporting "an AI-powered career navigation platform."
More from New York Times: The organization will work primarily with governors... The theory: States generally control their community college systems, which can translate work force policy through course offerings and industry partnerships. The bulk of the budget will fund pilot programs overseen by about 15 staff members and consultants. For example, Maryland will expand a "service year" for recent high school graduates to provide experience in fields where there are shortages, such as health care. In other states, Raise Us hopes to offer "wage insurance" for workers who take lower-paying jobs rather than dropping out of the work force entirely.

The group plans to furnish technical assistance for companies that want to retain workers as A.I. changes their roles, rather than eliminating them. Microsoft, one of the companies backing the organization, said it had already found a promising model: cross-training its entry-level lawyers in different parts of the organization and equipping them with A.I. skills in order for them to be repositioned as technology evolves. "You can think of doing that with almost any job we have," said Brad Smith, vice chair and president at Microsoft. "It creates an opportunity to transfer people from jobs that are being eliminated to jobs that are being created...."

Ms. Raimondo and her colleagues are not fans of a universal basic income, an idea that has gained popularity in Silicon Valley as an answer to job disruption. They emphasize that work provides more than just wages, and plan to focus on helping people find pathways to new jobs. But it's unclear whether A.I. will create jobs at the rate that it will destroy them. Jack Malde studied work force policy for the Bipartisan Policy Center and is now going to work for the Windfall Trust, another A.I.-focused think tank. He said long-term income support might be necessary, even if better models for transitioning workers were found. "The truth is, there's still a lot of uncertainty," Mr. Malde said. "What we think is resilient now might not be resilient later. We're not going to get everything right, so we're going to need those strong safety-net programs."
Long-time Slashdot reader theodp writes: If you think you've seen this movie before, prior to "partnering with governors, employers, and training partners to help the American workforce make a successful transition to an AI economy" with RAISE US, Raimondo and Holcomb partnered with governors, employers and training partners to help U.S. K-12 students make a successful transition to a CS economy with the Governors for Computer Science coalition.