The Italian government has allocated 30 million euros ($33 million) to enhance the skills of unemployed individuals and workers who may face job insecurity due to automation and artificial intelligence.
The Fondo per la Repubblica Digitale (FRD), established by the Rome government in 2021 to enhance the digital abilities of Italians, reports that 54% of individuals aged 16-74 lack fundamental digital skills, while the European Union average is 46%.
Read more: Italy Bans ChatGPT Over Privacy Concerns
FRD stated that the funding for training improvement will be allocated in two manners.
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 inactive people develop digital skills that would improve their chances of entering the job market, FRD said.
Featured News
FTC Urged to Enforce Rarely Used Antitrust Law Against Retail Giants
Mar 28, 2024 by
CPI
UK’s Fingleton Bolsters Team with New Additions
Mar 28, 2024 by
CPI
Britain’s Competition Regulator Clears Aviva’s Acquisition of AIG Life UK
Mar 28, 2024 by
CPI
White House Implements New AI Safeguards to Protect Rights and Safety
Mar 28, 2024 by
CPI
Denver Court Sets August Date for Kroger-Albertsons Merger Showdown
Mar 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI