*By Britt Terrell*
The rise of artificial intelligence and new automation will inevitably lead to the loss of some jobs across different industries, but it may also create entirely new careers for American workers.
What jobs disappear, and how fast they'll be replaced, may depend on how traditional industries and new technology companies cooperate, and how the government can help foster those partnerships, said Politico's technology reporter, Steven Overly.
“When the internet was created, I think a lot of folks also speculated it would replace a number of jobs and it has in some ways, but it has also created new jobs," Overly said Thursday in an interview with Cheddar. "It’s opened up new industries and so there are a lot of folks who are optimistic that with A.I., it will follow a similar path."
Many of the most optimistic folks from Google, Amazon, Facebook, and other tech firms discussed how A.I. technology may affect American workers at a White House summit Thursday.
Some blue-collar workers, such as truck drivers, are expected to be replaced by autonomous vehicles. The administration and representatives from the tech industry are considering new programs to train American workers on how to [use A.I. technology](https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/) in new ways for new jobs.
"Certainly the administration has conveyed that they now view artificial intelligence as a national priority," said Overly. "And certainly there are many in the industry who say if the U.S. doesn’t take a stronger stance on this, we’re going to fall behind China, India and the E.U.”
For the full interview, [click here](https://cheddar.com/videos/white-house-hosts-a-i-summit).
Cord cutters, rejoice! YouTube TV, Google's ambitious live-television streaming service, is going nationwide. The platform will soon add 95 new markets, making it available to 98 percent of U.S. households, Google announced Wednesday ー just one of several major announcements in the streaming industry this week.
Pennsylvania's new, relaxed approach to cryptocurrency regulation is narrow in scope, but could serve as a model for other state regulators adopting a "lighter touch approach," said Drew Hinkes, co-founder and general counsel at Athena Blockchain.
Major players in retail and tech are shaking up the health care industry with massive consolidation. But just as some new unions in the industry are forming, others have shown signs of instability. Amazon, a player that seems to dominate any field it enters, is well positioned to exploit those weaknesses and find itself at the top of another industry once again.
The power of Black Twitter, the name given to a loose network of black Twitter users behind both viral memes and social campaigns, is the premise of "Power Star Live," a 30-minute show that will live stream every Wednesday on the social platform. Jessie Woo and co-host Xilla Valentine aim to dissect how the Twitter users influence pop culture.
The internet is moving away from an ad-based revenue system says Jack Conte, co-founder and CEO of Patreon, a platform that allows people to pay for access to exclusive content from digital creators. That trend is evidenced by the growth that Patreon saw in 2018, Conte said in an interview on Cheddar Wednesday, the same day the company announced it now has more than 3 million subscribers, or "patrons," with more than 100,000 creators on the platform. The company began 2018 with 2 million patrons supporting its content.
TD Ameritrade posted quarterly earnings above expectations, but Wall Street's reaction wasn't exactly enthusiastic. Still, the brokerage firm is celebrating last month's successes. President and CEO Tim Hockey talked to Cheddar about how the company navigates market volatility.
TD Ameritrade president and CEO Tim Hockey said the company feels primed to compete with younger-skewing investment products like Robinhood because it's already deep inside millennial pockets ー and more users join the platform every quarter. "In our case, we have a much more sophisticated trading platform, technology platform, education platform, and we are growing at a very happy rate, so we are quite confident in our offering," Hockey told Cheddar Wednesday.
Latch's partnership with UPS is expanding to more cities ー and applications. "The use cases are so much broader than what we would've thought," Latch CEO and co-founder Luke Schoenfelder told Cheddar Wednesday. "People are coming up with entire new businesses just using our system."
Symbiont, a smart contracts platform for institutional applications of blockchain technology, has raised $20 million in a Series B funding round led by Nasdaq Ventures and joined by new investors Citi.
The addition of Netflix to the exclusive Motion Picture Association of America on Tuesday is likely to prompt a shift in policy, both for the movie industry and for the streaming giant.
"Netflix ($NFLX) is going to shape the MPAA's agenda as much as the reverse," Eriq Gardner, a senior editor at The Hollywood Reporter, told Cheddar.
