Introduction
The AI Opportunity Fund: Asia-Pacific, launched by Google.org, aims to build an AI-ready workforce in the region by investing $15 million in critical AI skills development. This initiative is designed to empower workers and job-seekers, particularly in underserved communities, to harness the potential of artificial intelligence.
Key Features:
- Investment in Skills Development: The fund will support organizations that provide AI training, focusing on local languages to ensure accessibility.
- Collaboration with Local Partners: In partnership with the Asian Venture Philanthropy Network (AVPN) and the Asian Development Bank, the fund will identify specific AI-related challenges and opportunities.
- Support for Underserved Communities: The initiative targets those most likely to benefit from AI training, including micro and small businesses.
- Complementary Programs: This fund complements existing digital and AI skilling initiatives such as AI Essentials for beginners and Google Cloud AI programs for businesses.
Use Cases:
- Empowering Job Seekers: By providing essential AI skills, the fund aims to enhance employability and career prospects for individuals in the region.
- Driving Economic Growth: Research indicates that AI adoption could yield up to USD 3 trillion in economic benefits for Asia-Pacific by 2030, making this initiative crucial for future growth.