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.
Janee Harteau, former Minneapolis police chief, talks disbanding police dept in Minneapolis and how we can effectively reform policing in the U.S.
Stocks scrambled even higher Monday on Wall Street's enthusiasm about the reopening economy, and the Nasdaq composite set a record.
Democrats in Congress are proposing a far-reaching overhaul of America's police procedures and accountability.
After three gloomy months and 21,000 deaths that made it the nation's most lethal hot spot, New York City slowly began reopening Monday in the biggest test yet of Americans' ability to keep the coronavirus in check.
The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth.
Dr. Patrice Harris, speaking to Cheddar the day after her tenure at the American Medical Association ended, leaves the nation’s largest association of physicians at a time of remarkable upheaval for the medical community.
Cheddar followed the ongoing demonstrations in New York City on Thursday as protesters vowed to continue pushing back against police brutality and systemic racism.
New Zealand appears to have eradicated the coronavirus for now after health officials said the last known infected person has recovered.
Energy company BP says it will cut its global workforce by 10,000 jobs amid the ongoing impact of the COVID-19 pandemic.
The Trump administration is backing away from a threat to ban all flights to the U.S. by Chinese airlines. It will allow Chinese carriers to operate a total of two flights a week between the two countries.
