Italy allocates funds to shield workers from AI replacement threat
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Italy on Monday earmarked 30 million euros ($33 million) to improve the skills of unemployed people as well as those workers whose jobs could be most at risk from the advance of automation and artificial intelligence.
According to the Fondo per la Repubblica Digitale (FRD), set up in 2021 by the Rome government to boost the digital skills of Italians, 54% of those aged 16-74 lack basic digital skills, compared with an average 46% in the European Union.
The funding in improving training will be allocated in two ways, FRD said.
Of the total, 10 million euros will go towards boosting the skills of those whose jobs are at high risk of being replaced due to automation and technological innovation.
The remaining 20 million euros will be allocated to help unemployed and economically i...