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.
California Governor Gavin Newsom is facing a recall election in about two weeks. Newsom was elected governor in 2018 with nearly 62% of the vote after working as lieutenant governor for eight years. However, his popularity took a hit after his handling of Covid-19 pandemic, although the White House is refusing to cite this as the direct reason for the September 14th recall election. There are 46 candidates running to be Newsom's replacement, and some are saying that California could end up electing a republican governor.
Jeremy White, California politics reporter and co-writer of daily California Playbook Newsletter at Politico, joined Cheddar Politics to discuss more about the election and its possible outcomes.
President Joe Biden says the United States will complete it's evacuation of Americans and others from Kabul, despite the attack that killed 12 U.S. service members and many Afghan civilians.
Crypto-enthusiasts are taking to social media to urge regular Afghans to adopt bitcoin in the face of considerable economic uncertainty.
The U.S. economy grew at a 6.6% annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from the pandemic recession.
The operator of the wrecked Fukushima nuclear power plant says it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean about 1 kilometer (0.6 mile) away from the plant to avoid interference with local fishing.
Two suicide bombers and gunmen have targeted crowds of Afghans flocking to Kabul’s airport, in the waning days of a massive airlift that has drawn thousands of people seeking to flee the Taliban takeover of Afghanistan.
The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.
Secretary of State Blinken said Wednesday that as many as 1,500 Americans may be awaiting evacuation from Afghanistan.
Kathy Hochul became the first female governor of New York on Tuesday, vowing to bring new energy and urgency to solving immense challenges as she took over an administration criticized for inaction.
U.S military troops flying round the clock have managed their biggest day of airlifts out of Afghanistan by far.
