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.
State and county taxpayers will be asked to commit a record $850 million in public funds toward construction of the Buffalo Bills’ new stadium as part of a 30-year lease agreement.
As the war enters its second month, Russia may be changing course on its strategy in Ukraine. After suffering heavy losses, forces around the capital city of Kyiv appear to have stopped offensive operations and are now shifting their focus to taking over the south and east of the country. Terrell Starr, a foreign affairs reporter at The Atlantic Council, breaks down the latest from Kyiv. "Logistically this war has been a disaster. They have far more troops than [the] Ukrainian army has. What they don't have is good planning. The planning has been incredibly poor," he said.
Catching you up on what you Need to Know on Mar 28, 2022, with peace talks resuming in Ukraine as early as today, Colorado wildfires causing evacuations, Shanghai, China, ramping up restrictions once again, the Oscars debacle between Will Smith and Chris Rock, and more.
Volatility continues to be the name of the game when it comes to crypto. Bitcoin, the most valuable digital token, saw a small jump today - one of several small rallies throughout the month of March. Caitlin Cook, vice president of crypto education company Onramp Academy, joins Cheddar News' Closing Bell to discuss.
As of March 2022, almost 200 Anti-LGBT+ bills have been introduced in state governments across the country — especially directed at the transgender community. Human Rights Campaign State Legislative Director and Senior Counsel Cathryn Oakley joined Cheddar News to discuss the deluge of legislation. "Unfortunately we are seeing these bills come at transgender youth from every conceivable direction," she said. "Every support that a trans kid has, whether that's their parents, whether that's their family, whether that's their teachers or their guidance counselors or their coaches, whether it's their teammates or the librarians and the books that they read, whether it's curriculum, whether it's even just the ability to acknowledge that LGBTQ people have existed throughout history and are important in the fabric of modern American society. The bills that we are seeing filed across the country are targeting all of those pieces."
President Volodymyr Zelenskyy last week seemed to have put out a video that urged Ukrainians to put down their arms and surrender to Russia. It was later revealed that it was a “deepfake,” a computer-generated video to mimic the Ukrainian leader. Cheddar News speaks with security expert Morgan Wright about how the technology is being used in the war in Ukraine.
