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.
Voters in all five states with cannabis-related initiatives on the ballot approved those measures by wide margins, representing a clean sweep for the industry — and significant upside for the U.S.-focused cannabis companies.
President-elect Joe Biden is cheering news about the promising development of a coronavirus vaccine, but cautioned Americans need to be aggressive about mask wearing and social distancing as infections continue to surge around the country.
President-elect Joe Biden on Monday named the members of a team of public health and science experts to develop a blueprint for fighting the coronavirus.
President-elect Joe Biden and Vice President-elect Kamala Harris made their victory speeches Saturday night.
Democrat Joe Biden defeated President Donald Trump to become the 46th president of the United States on Saturday, positioning himself to lead a nation gripped by historic pandemic and a confluence of economic and social turmoil.
Kamala Harris made history Saturday as the first Black woman elected as vice president of the United States, shattering barriers that have kept men — almost all of them white — entrenched at the highest levels of American politics for more than two centuries.
Democrat Joe Biden has overtaken President Donald Trump in Pennsylvania and Georgia. That puts Biden on the cusp of winning the presidency since the election hinges on the outcome of tight contests in those battleground states.
The outcome of contests in Georgia, North Carolina, Pennsylvania, and Nevada will determine whether Democrat Joe Biden or President Donald Trump wins.
Former Missouri Secretary of State, Robin Carnahan, joined Cheddar to discuss the 'Count Every Vote' initiative that was started by the National Council on Election Integrity. Carnahan also talks about the record vote-by-mail numbers this year.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
