It is up to the federal government to make sure America embraces rapid technological change in a way that is “positive for as many of our citizens as possible,” said Rep. John Delaney (D-MD).
In an interview with Cheddar, the Congressman said he doesn’t believe such progress is a threat to the labor market.
“Innovation generally creates more jobs than it displaces,” said Delaney. “But the problem is oftentimes the jobs that get created by innovation are not located in the same places where the jobs that were displaced are located.”
He pointed out that 80 percent of venture capital in this country goes to just California, New York, and Boston, which means that innovation and job creation is highly concentrated in and around those places.
“I think that will continue unless policymakers do things to make sure more of our country has the opportunity to have people invest in their communities and kind of benefit from this innovation.”
Delaney founded the A.I. Caucus to do just that. Comprised of lawmakers from both sides of the aisle, the group strives to work with the private sector to come up with policy ideas that can help the country keep up with technological change.
“I just want to make sure we don’t leave huge parts of the country behind,” he said.
Even amid the spread of the Delta variant, Republican governors in states like Florida and Texas have taken actions like banning mask mandates for school districts that will soon bring students back for the year. This argument happens amid a stark increase in pediatric COVID cases.
Bianca Quilantan, education reporter at POLITICO, joins Cheddar Politics to discuss.
In stories sure to move markets next week, Robinhood and several retail giants report earnings, Jerome Powell takes the podium, New York City's mask mandate goes into effect, and Tesla hosts its 'AI Day.'
Former President Trump remains the standard-bearer of the Republican Party in his first six months removed from office. But despite his position atop the party, others are moving to shore up their own bona fides. Chief among them is Florida Gov. Ron DeSantis who has signed a bevy of bills popular among conservatives this year. He's viewed as a potential successor to trump, and that's creating tension with the still-present Trump.
Matt Dixon, POLITICO Florida bureau chief, joins Cheddar Politics to discuss.
None Of The Above's J.D. Durkin pens his open letter to Gov. Asa Hutchinson (R-AR) after the governor says he regrets signing a controversial COVID-19 law.
