AI’s Role in Workforce Development and Economic Mobility Explored by Federal Reserve Initiative

The EmergingTech Economic Research Network (EERN), an initiative led by the Federal Reserve Bank of San Francisco in collaboration with the Federal Reserve System Innovation Office, is advancing research into how artificial intelligence is reshaping labor markets. An upcoming event will delve into AI’s influence on workforce development, particularly focusing on its implications for individuals from low- and moderate-income backgrounds. The session will feature a research presentation examining the extent to which workers in economically vulnerable households are exposed to AI-driven changes in job functions and employment structures.

A panel discussion will follow, bringing together workers, leaders in workforce training programs, and employers to discuss how they are preparing for technological shifts and adjusting their strategies accordingly. Participants will explore adaptive measures such as reskilling, hiring practices, and career pathway development in response to automation and intelligent systems.

The event will conclude with a fireside chat led by Mary C. Daly, President and CEO of the Federal Reserve Bank of San Francisco, who will share insights on equitable economic advancement in the age of rapid technological transformation.

This gathering, co-hosted with the Federal Reserve Bank of Atlanta, underscores growing institutional interest in ensuring that innovation supports inclusive growth rather than exacerbating inequality.
— news from Federal Reserve Bank of San Francisco

— News Original —
AI Implications for Workforce Development and Economic Mobility

Summary n nThe EmergingTech Economic Research Network (EERN) has been working to understand perspectives on AI’s impact on the labor market. Join us to explore these trends at a deeper level, including implications for low- and moderate-income workers. This event will focus on the evolving intersection of AI, workforce development, and economic mobility. n nResearch presentation: AI exposure among workers in low- and moderate-income households. n nPanel discussion: How are workers, workforce development leaders, and employers anticipating changes and adapting their practices? n nFireside chat with Mary C. Daly, President and CEO of the Federal Reserve Bank of San Francisco. n nHosted by the EmergingTech Economic Research Network (a Federal Reserve Bank of San Francisco initiative in close collaboration with the Federal Reserve System Innovation Office), in partnership with the Federal Reserve Bank of Atlanta.

Leave a Reply

Your email address will not be published. Required fields are marked *