NJ A4888

Creates an 11-member AI and Labor Market Study Commission within the Department of Labor and Workforce Development, consisting of 4 ex officio government members and 7 private citizens appointed by the Commissioner, with at least 4 having AI technology expertise

Requires the commission to identify high-risk jobs likely to be displaced by AI within 6-18 months, develop worker assistance programs, and coordinate between the Departments of Education and Labor and Workforce Development

Establishes a Job Transition Fund to support displaced workers through education, training, and job placement services, with initial funding from the existing Workforce Development Partnership Fund

Mandates the commission to submit reports to the Governor and Legislature at least twice per calendar year detailing findings on AI's workforce impact and recommended actions

Commission members serve 3-year terms, meet quarterly, and serve without compensation but are reimbursed for necessary expenses