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.
TikTok's global chief information and security officer, Roland Cloutier, dismisses claims that the app is a security threat and provides user information to China.
Trump administration negotiators are back at the Capitol for last-ditch talks on vital COVID-19 rescue money. Democratic leaders summoned them for another try with the negotiations teetering on the brink of collapse.
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.
New York schools can bring children back to classrooms for the start of the school year, Gov. Andrew Cuomo announced Friday.
Media reports say 26 billboards are going up across Louisville, Kentucky, demanding that the police officers involved in Taylor’s death be arrested and charged. That’s one billboard for every year of the Black woman’s life.
The U.S. is imposing sanctions on pro-China officials in Hong Kong, including the leader of the government, for their alleged roles in squashing freedom in the former British colony.
he nonpartisan Commission on Presidential Debates has rejected a request from the Trump campaign to either add an additional general election debate or move up the calendar for the contests.
The Trump administration has moved to raise application fees for various immigration processes, including asylum. Michelle N. Mendez, director of defending vulnerable programs at CLINIC, calls the move an attack on immigration.
New York’s attorney general is suing the National Rifle Association, seeking to put the powerful gun advocacy organization out of business over allegations that high-ranking executives diverted millions of dollars for personal benefit.
U.S. testing for the coronavirus is dropping even as infections remain high and the death toll rises by more than 1,000 a day.
