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.
Despite uncertainty on who exactly will be in the White House, the Senate in GOP control, and the House in Democratic hands, Wall Street is riding high.
President Trump won support from about 8 in 10 white evangelical Protestant voters, according to the AP VoteCast. But Catholic voters split almost evenly between him and Joe Biden.
Election officials in key battlegrounds are pressing forward with vote counting, two days after Election Day. Democrat Joe Biden is urging patience, while President Donald Trump is pursuing legal options, insisting the processing of ballots should be stopped.
Katie Hobbs, Arizona's Secretary of State, joined Cheddar to discuss the safety of poll workers as President Trump levels accusations at the process and when Americans can expect an update.
Michigan Secretary of State, Jocelyn Benson joined Cheddar to discuss Trump's attempts to increase doubt in the election process and the state's security protocols that were taken to protect against such attacks.
The Fed announced no new actions after its latest policy meeting but left the door open to provide further assistance in the coming months.
As Democrat Joe Biden inches closer to the 270 Electoral College votes needed to win the White House, President Donald Trump’s campaign has put into action the legal strategy the president had signaled for weeks.
Joe Biden has won Michigan and Wisconsin, pushing him closer to 270 Electoral College votes and narrowing President Donald Trump’s path to reelection.
The Trump campaign says it has filed lawsuits Wednesday in Pennsylvania and Michigan, laying the groundwork for contesting the outcome in undecided battleground states.
Councilman Ritchie Torres became the first openly gay Black man to win a Congressional seat on Election Day. He will now represent New York's 15th District recently vacated by long-time Congressman José Serrano.
