Alphabet (GOOGL), Google’s parent company, is launching a global initiative to train workers on AI technologies. With this move, the company looks to shape the public perception and legal scenario for AI ahead of the anticipated change in AI regulations under President Donald Trump.
This initiative expands Google’s “Grow with Google” program, which already provides online and in-person training resources for businesses and individuals. The program will now include AI-related coursework, aiming to equip workers with the skills needed to survive in the evolving AI-driven job market.
Google is focused on educating the public and policymakers about AI. The company hopes this will lead to laws that support innovation and create a responsible AI ecosystem.
AI Regulations Might Relax Under Trump
The regulatory landscape for AI in the U.S. is expected to change with the recent repeal of the Biden administration’s 2023 AI regulations by Trump. Biden’s order aimed to enhance oversight of AI models developed by major companies like Amazon and Google. This order also sought to address ethical and security concerns related to AI development.
However, Trump’s repeal signals a major shift towards a less regulated environment, with a focus on growth and innovation. Nonetheless, the impact of this move remains uncertain, particularly given the existing AI-related policies already implemented by some federal agencies.
Is GOOGL a Buy, Hold, or Sell?
Turning to Wall Street, GOOGL has a Strong Buy consensus rating based on 24 Buys and eight Holds assigned in the last three months. At $217.93, the average Alphabet price target implies 8.85% upside potential.
