One day after massive tech layoffs hit the Bay Area, largely because of AI, Governor Gavin Newsom is taking action to try and protect workers from AI-related job losses.
After a day when companies like Meta, Intuit, and LinkedIn announced layoffs because of AI, and one CEO who just cut 20% of his workforce wrote an article in the Wall Street Journal about “how” he chose which workers to lay off in favor of AI, other tech companies, and the governor’s office, said there are still ways for humans to protect themselves – and find work in the job market.
Companies like Braiin are growing, taking VC money flowing into AI companies and using it to hire humans. They call it a growth opportunity.
“All these destroyed some jobs, but created a hell of a lot of jobs too, and AI is no different,” said Natraj Balasubramanian, Braiin CEO.
An executive order from Newsom aimed to “prepare” workers for the new reality of AI-dominated companies is using education as a tool to get current and future workers ready to follow where the economy is going.
“One of the key components of this plan is working with our education and training partners.” said Stewart Knox, secretary of Labor and Workforce Development. “And talking to industry, what are the needs today and what are the needs tomorrow and how do we develop training in real time.”
Admitting that, while innovation leads layoffs it also creates new jobs.