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.
Israel and Hamas have announced a cease-fire to end a bruising 11-day war that caused widespread destruction in the Gaza Strip and brought life in much of Israel to a standstill.
President Joe Biden signed legislation Thursday designed to curtail a dramatic rise in hate crimes against Asian Americans and Pacific Islanders.
Anyone who gets vaccinated at select state-run vaccination sites in New York next week will receive a lottery scratch ticket with prizes potentially worth millions, as the state tries to boost slowing vaccination rates.
Amazon says it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The U.S. economy’s faster-than-expected reawakening had some Federal Reserve officials discussing whether it might be time to start planning for easing back on one of the central bank’s levers for keeping interest rates low.
The European Union has taken a step toward relaxing travel for visitors from outside the bloc, with EU ambassadors agreeing on measures to make it easier for fully vaccinated visitors to get in.
Congress has passed legislation aimed at combating hate crimes against Asian Americans and Pacific Islanders. It would expedite federal reviews of hate crimes and provide grants to local law enforcement.
NY Gov. Andrew Cuomo has disclosed that he was paid a $3.1 million advance to write his COVID-19 leadership book last year and will make another $2 million on the memoir over the next two years.
President Joe Biden says the U.S. will share an additional 20 million doses of COVID-19 vaccines with the world in the coming six weeks.
