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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An Associated Press review found growing allegations that a gynecologist performed surgeries and other procedures that detained migrant women never sought or didn’t fully understand.
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The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come.
The federal government is outlining a sweeping plan to make COVID-19 vaccines available for free to all Americans.
This week Jon Stewart helped bring forth new legislation aimed at providing financial relief for burn pit victims. Stewart said the battle with congress is just a continued fight in getting first responders aid in the 9/11 Victim Compensation Fund. Cheddar's JD Durkin reports.
Less than five weeks after the conference announced it would push football and other fall sports to spring because of the pandemic, the conference changed course.
President Donald Trump is presiding over the signing of historic diplomatic deals between Israel and the United Arab Emirates and Bahrain that could herald a dramatic shift in Middle East power dynamics.
