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.
A new warning about Russian interference in the 2020 election is raising questions about whether the U.S. is doing enough to prevent the kind of meddling the country saw in the 2016 election.
Roger Stone, a staunch ally of President Donald Trump, has been sentenced to 40 months in prison on his convictions for witness tampering and lying to Congress. The action in federal court comes amid Trump's unrelenting defense of his longtime confidant that has led to a mini-revolt inside the Justice Department and allegations the president has interfered in the case.
These are the headlines you Need 2 Know for Thursday, February 20, 2020.
From the opening bell, Democratic presidential foes have unleashed an aggressive verbal assault on New York billionaire Mike Bloomberg and raised new questions about Bernie Sanders' take-no-prisoners politics in a contentious debate Wednesday night on the Las Vegas Strip.
Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months.
At a closed-door gathering in the nation’s capital last month, representatives from close to two-dozen renewable energy, electric vehicle, and environmental advocacy organizations began the early stages of handicapping which Republican senators might be willing to join Democrats in supporting lucrative tax credits for the various green sectors – most of which were axed at the last minute late last year.
These are the headlines you Need 2 Know for Wednesday, February 19, 2020.
A bill to give Kentucky residents access to medical marijuana could go up for a full state House vote as soon as this week.
The Trump administration said Tuesday that it will waive federal contracting laws to speed construction of a wall at the U.S.-Mexico border.
These are the headlines you Need 2 Know for Tuesday, February 18, 2020.
