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.
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Democratic Rep. Bonnie Watson Coleman of New Jersey says she has tested positive for COVID-19.
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House Speaker Nancy Pelosi says she has spoken to the chairman of the Joint Chiefs of Staff about preventing President Donald Trump from ordering a nuclear strike in his final days in office.
President-elect Joe Biden has introduced the governor of Rhode Island, the mayor of Boston, and a small-business advocate from California as the newest members of his economic team.
Rep. Carolyn Bourdeaux (D-Ga. 7th District), spoke with Cheddar about what's at stake with the Senate runoffs in the Peach State and asks people to remain patient with the results.
