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.
J&J Shelf Life, Pulse Nightclub Memorial, Consumer Prices Rise. Here is all the news you need to know for Friday, June 11, 2021.
President Joe Biden is calling on global leaders to join him in sharing coronavirus vaccines with struggling nations around the world.
Inmates at an Oklahoma prison began receiving special computer tablets this week.
American consumers absorbed another surge in prices in May — a 0.6% increase over the past month and 5% over the past year, the biggest 12-month inflation spike since 2008.
The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic.
Now that El Salvador is taking bitcoin nationwide, other Central and South American countries are coming forward with their own proposals in what's shaping up to be a regional race to become the next bitcoin hub.
The White House dropped Trump-era executive orders that attempted to ban the popular apps TikTok and WeChat and will conduct its own review.
Criminal gangs that used a secure-messaging app called ANOM unwittingly allowed the FBI and other law enforcement agencies to eavesdrop on their conversations.
Reporters traveling to the United Kingdom ahead of President Joe Biden’s first overseas trip were delayed seven hours after their chartered plane was overrun by cicadas.
A Senate investigation of the Jan. 6 insurrection has found a broad intelligence breakdown across multiple agencies, along with widespread law enforcement and military failures.
