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.
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
A spokeswoman says the first lady is focused on being a mother and a wife, and serving the country.
The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups.
Derrick Johnson, president and CEO of the NAACP, talked about the discussions with Facebook's leadership surrounding hate speech and misinformation.
New York City Mayor Bill de Blasio grabbed a roller Thursday to paint Black Lives Matter in front of the namesake Manhattan tower of President Donald Trump.
The Supreme Court has issued a mixed verdict on demands for President Donald Trump’s financial records.
More than a decade after the term was coined by columnist Thomas Friedman in the New York Times, there is a Green New Deal proposal in Congress. Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA) have proposed a formal resolution that would frame climate change, economic sustainability and social justice together under a unifying theme, calling for a Depression-era national mobilization similar to FDR's New Deal, and serving as a litmus test for Democratic presidential candidates going forward.
Four months, three million confirmed infections and over 130,000 deaths into the U.S. coronavirus outbreak, Americans are facing long lines at testing sites and going a week or more without receiving a diagnosis.
The Supreme Court is siding with the Trump administration in its effort to allow more employers to opt out of providing no-cost birth control to women as required by the Affordable Care Act.
The schools filed a federal lawsuit Wednesday challenging the Trump administration’s decision to bar international students from staying in the U.S. if they take classes online this fall.
Load More