Independent policy organization Innovate NY PAC today announced the plan to train New York City students for blockchain and artificial intelligence, supporting Andrew Cuomo for Mayor – a groundbreaking proposal designed to generate $2.8 billion in annual economic output, create 62,000 new jobs, and position New York City as the national leader in revenue growth driven by education, technology, and innovation.
The plan will establish the largest STEM educational institution in the United States, introduce blockchain and AI career certification programs to all five boroughs, and integrate cutting-edge blockchain gaming, metaverse, and data science training into public education.
“Andrew Cuomo’s leadership and record of job creation show that when you invest in innovation and education, you create lasting prosperity,” said Eddie Cullen, president of Innovate NY PAC. “This plan transforms New York State’s public education system into a revenue engine, connecting classrooms, careers and economic growth. »
Building the largest STEM facility in America
At the center of the plan is a 2.3 million square foot Innovation Campus, the largest student-focused STEM complex in the country.
• A total investment of $3.5 billion via public-private partnerships.
• 20 advanced laboratories, 10 incubators and 5 immersive training centers in AI and blockchain.
• 18,000 jobs in construction and 3,500 permanent research and teaching positions.
• $1.1 billion in annual recurring production is expected from operations, research and public-private collaborations.
Expanding career and technical education
• 50,000 students enrolled each year in blockchain and AI certification programs by 2026.
• 25,000 paid apprenticeships in fintech, AI and blockchain development, contributing $550 million to annual student salaries.
• 15,000 students trained each year in blockchain gaming, NFT design, and metaverse storytelling.
• 100,000 students take AI and blockchain modules in cybersecurity and engineering programs each year.
• Average salary increase for graduates: $22,500 per year, generating $500 million in lifetime salary gains per promotion.
Blockchain games and creative innovation
The plan launches the first blockchain gaming and digital storytelling network in the nation’s public schools, connecting New York’s youth to high-growth creative industries.
• 15,000 participants per year in esports, virtual production and digital design.
• 50 industrial partnerships with game studios and tech companies hiring locally.
• 400 million dollars per year in the growth of the creative economy.
• Target 1% of the $600 billion global blockchain games market, representing $6 billion in potential local production.
Global Exchange and Hekima partnership
Innovate NY PAC’s plan includes a partnership with Hekima University in Kenya to expand global research and educational collaboration.
• 250 digital research grants per year.
• 10,000 students connected worldwide via online classrooms.
• 1,000 scholarships for underserved STEM students.
• $300 million in revenue for international education and research over five years.
Why it matters to New York City
The New York City Student Education Plan for Blockchain and Artificial Intelligence is expected to generate $2.8 billion in annual economic output and $27 billion in total GDP growth over ten years..
Annual distribution of economic production:
• $1.1 billion from STEM facility operations and partnerships.
• $550 million apprenticeship wages and labor costs.
• 400 million dollars in creative gaming revenue and blockchain.
• 300 million dollars from global research partnerships.
• 250 million dollars in additional tourist tax revenue.
• 200 million dollars thanks to corporate sponsorship and innovation subsidies.
Impact over ten years:
• 62,000 new jobs across the city in construction, education and technology.
• 500,000 students trained in emerging technologies by 2035.
• $6.3 billion increase in annual municipal tax revenues.
• Average salary bonus of $22,500 for graduates in AI and blockchain.
By combining education, innovation and leadership, Andrew Cuomo’s vision and the mission of Innovate NY PAC will make New York the world capital of blockchain, artificial intelligence and workforce opportunities, making public education the cornerstone of economic prosperity.
About Innovate NY PAC
Innovate NY PAC is an independent expenditure committee dedicated to promoting innovation, education and technology-driven economic growth in New York. The organization operates independently of any candidate or campaign and does not coordinate any communications or strategies with candidates or their committees.
Paid for by Innovate NY PAC.
Not authorized by any candidate or candidate committee.
www.Innovatenypac.com
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