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.
Trump once declared in a 1999 interview that he is "pro-choice in every respect." Now, as he heads into the 2020 election, Trump continues to reach out to the white evangelical voters who have proven to be among his most loyal backers.
The IRS wants to get tougher on the 8 percent of Americans who have ever invested in cryptocurrency.
Steven Mnuchin says Swedish climate activist Greta Thunberg is in no position to give economic advice until she goes to college and comes out with an economics degree.
Chinese authorities Thursday moved to lock down three cities with a combined population of more than 18 million people in an unprecedented effort to contain the deadly new virus that has sickened hundreds and spread to other parts of the world during the busy Lunar New Year travel period.
The Special Initiative for Offshore Wind, a research and advocacy organization at the University of Delaware, and the American Wind Energy Association, a trade group, hope to solicit comments and concerns from potential critics.
Experts Hagar Chemali and Michèle Flournoy discussed the pitfalls and paths forward between the U.S. and Iran following recent tensions.
These are the headlines you Need 2 Know for Thursday, January 23, 2020.
The marketing firm Brand USA has been charged with drawing in more of those tourists to "the most aspirational destination in the world," CEO Chris Thompson told Cheddar Wednesday.
UN experts Wednesday called for an investigation into reports that the crown prince of Saudi Arabia hacked into Amazon founder Jeff Bezos' phone via WhatsApp.
These are the headlines you Need 2 Know for Wednesday, January 22, 2020.
