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.
Australia says it will fight against plans to downgrade the Great Barrier Reef’s World Heritage status due to climate change, while environmentalists are applauding the U.N. World Heritage Committee’s proposal.
he Supreme Court has decided unanimously that the NCAA cannot enforce rules limiting education-related benefits that colleges offer to student athletes — things like computers and paid internships.
A sharply limited number of fans will be allowed to attend the Tokyo Olympics. The decision announced Monday comes as organizers try to save some of the spirit of the Games where even cheering has been banned.
The Supreme Court has dismissed a challenge to the Obama era health care law, preserving insurance coverage for millions of Americans.
The Supreme Court has ruled that the city of Philadelphia violated the Constitution by limiting its relationship with a Catholic foster care agency over that group's refusal to certify same-sex couples as foster parents.
President Joe Biden has signed legislation Thursday establishing a new federal holiday commemorating the end of slavery, saying he believes it will go down as one of the greatest honors he has as president.
The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.
How much do you think cops make? A few hundred thousand per year? It sounds extreme, but this is the case in many cities across the country thanks to a slew of financial perks in ironclad union contracts.
The Federal Reserve is holding steady on the dovish policy stance that it's maintained since the beginning of the pandemic but not without a hat-tip to those worried about rising inflation.
Just 40 years ago, New York City's Times Square was a very different place: crime-ridden and adult theaters as the main source of entertainment. Cheddar explains how it went from this to one of the top tourist attractions in the world.
